On the morning of April 25, 2011, Hoa Binh Construction and Real Estate Corporation celebrated the Annual General Meeting to report to shareholders the company’ revenue and profit of 2011 as well as business plan of 2012...

100% Shareholders agreed with all the contents from BOD

Welcome Shareholders

On the morning of April 25, 2011, Hoa Binh Construction and Real Estate Corporation celebrated the Annual General Meeting to report to shareholders the company’ revenue and profit of 2011 as well as business plan of 2012.
tỷ lệ bóng đá việt nam 2011, although facing many difficulties such as the construction and real estate market freezing, high interest rates, rising material prices, and decreasing FDI funds for real estate etc., but Hoa Binh has step by step overcome and reached an encouraging business result. The revenue of the company reached 3,055.9 billion VND, increased 22.2% compared to the planned target and increased 72.8% compared to 2010. Profit after tax was 149.6 billion VND, reached 99.7% of the plan and increased 7% compared to 2010. Earnings per share (EPS) was 7,439VND. Dividend rate was 30%, of which the company settled tỷ lệ bóng đá việt nam cash by a ratio of 10% and by stock ratio of 20% (over par value).

At the ceremony, 100% participated shareholders agreed with the contents tỷ lệ bóng đá việt nam the report of the Company’s Board of Directors. According to that, the 2012 revenue plan is 3,900 billion VND, increased 27.7% and profit after tax is 170 billion VND, increased 13.7% compared to 2011, and dividend ratio is 30%. The meeting also agreed to issue 1,000,000 rights to buy stocks for all employees with the ratio of one share for one right equal to one denomination and is effective after 3 years; to search for business partners to transfer the treasury stock with the reasonable rate; to search for clients to develop or transfer some of the real estate projects….

For the business direction tỷ lệ bóng đá việt nam 2012, Mr. Le Viet Hai informed, Hoa Binh would continue to fulfill the function of the general contractor role tỷ lệ bóng đá việt nam the large size projects, with international standards; to maintain the company position as the leading construction company tỷ lệ bóng đá việt nam Vietnam and to launch into more international markets; to focus on the mainstream activities as civil construction and to expand to more diversified areas of industrial, and infrastructural projects…tỷ lệ bóng đá việt nam the condition of difficult and unpredictable real estate market, especially tỷ lệ bóng đá việt nam housing projects and high rise apartments, HBC is expected to reduce the revenue ratio of the housing project from 58% tỷ lệ bóng đá việt nam 2011 to 49% tỷ lệ bóng đá việt nam 2012 and to consolidate, expand to industrial projects, tỷ lệ bóng đá việt nam which the revenue ratio of this sector per total revenue is expected about 9% tỷ lệ bóng đá việt nam 2012.

The meeting also agreed 100% to elect Mr. Le Viet Hai to continue to hold the Chief Executive Officer (CEO) and the Chairman position. The AGM also approved all operating regulations and reward policy for the Board of Directors and the Supervisory Board .

(The whole version of the Resolution has been posted tỷ lệ bóng đá việt nam the Shareholder Relations/Shareholder Information Section of the website)

Send to friend

Your name

Your email

Email receive

Title

Message

Send