ASM Reports 2009 Profit Three Times Higher than 2008

Sao Mai Construction Corporation (ASM) reported its profit in the forth quarter of 2009 to increase 1.3 folds over the third quarter to VND30.4 billion. In 2009, the An Giang province-based company gained a turnover of VND546.8 billion and a net profit of VND53.9 billion, up 95 percent and 159 percent over 2008, respectively. Earnings per share (EPS) averaged at VND9,596 in 2009.

 

At present, Sao Mai An Giang is finalising procedures for the annual general meeting slated to open in March 2010.