PHR gets approval for building Tan Binh industrial park project
04/01/2012 10:12 am
News - Phuoc Hoa Rubber Joint Stock Co (PHR) has become the main investor of construction project on Tan Binh Industrial Park in Binh Duong province situated in an area of 700 hectares. The total investment capital for this project is about 500 billion dong.
In 2012, PHR plans to set up a joint stock company to carry out the project.
As planned, the new company would have chartered capital of 100 billion dong, of which the rubber firm would keep 70 percent of total capital and the rest of two other partners.
Up to December 24, 2011, PHR has nearly fulfilled the targeted year plan with total revenue of 2.392 trillion dong, in comparison with targeted plan of 2.4 trillion dong, and estimated to reach whole year profit of over 800 billion dong.
The company has already completed the profit plan of 600 billion dong in October 2011.
In 2012, PHR plans to set up a joint stock company to carry out the project.
As planned, the new company would have chartered capital of 100 billion dong, of which the rubber firm would keep 70 percent of total capital and the rest of two other partners.
Up to December 24, 2011, PHR has nearly fulfilled the targeted year plan with total revenue of 2.392 trillion dong, in comparison with targeted plan of 2.4 trillion dong, and estimated to reach whole year profit of over 800 billion dong.
The company has already completed the profit plan of 600 billion dong in October 2011.
Source: Dau tu chung khoan
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