Vinamilk Gains US$30Mln Profit in 5 Months

1:35:18 PM | 6/14/2007

Vietnam Milk Joint Stock Company (Vinamilk) posted its profit of around VND481 billion (US$30 million) from total revenue of VND2,463 billion (US$154 million) in the past five months this year.
 
Vinamilk fulfilled 53.6 per cent of its yearly profit target and 33.2 per cent of revenue target, which are expected at VND898 billion (US$56.1 million) and VND7,428 billion (US$464.3 million), respectively.
 
The listed Vinamilk said it will pay cash dividend of VND1,900 a share for the first phase of 2007 on July 16.
 
In 2006, Vinamilk’s total revenue jumped to more than VND6,662 billion (US$416.37 million) with net profit at VND731.6 billion (US$45.3 million). (VSE)