Showing posts with label VTA. Show all posts
Showing posts with label VTA. Show all posts

Friday, May 04, 2007

Vietnamese tilemaker expects massive profit increase this year

Vietnam tile maker Vitaly (VTA) said on Friday it expected a 256% rise in net profit to 8.2 billion dong ($500,000) this year.

The Ho Chi Minh City-based company also said in a statement to the stock exchange which gave no reason for the expected profit leap, its revenues should rise 3.3% rise from the same period of 2006 to 327.6 billion dong ($20.3 million).

Source: Reuters