Phuoc Hoa Rubber Joint Stock Company (JSC) has just forwarded its annual shareholder meeting for 2011.

The meeting heard the report of the business results of the company last year. The chapter capital of the company was VND813bln with 81,3mln shares valued at VND10,000 each. The company also exploited more than 21,000 tons of rubber latex with the selling price of VND63.47mln per ton and reached more than VND1.9trillion in total revenue, VND490mln in after-tax profit. Workers herein enjoyed the average salary of VND6.8mln per capital per month…

The meeting also endorsed some important targets for 2011 such as:

-Chaptered capital: VND813bln

-Rubber latex output: 20,000 tons

-Rubber latex productivity: 1.94ton/ha

-Selling price: VND65mln/ton

-After-tax profit: more than VND466bln…

Reported by C.Son-Translated by K.T