24-AUG-2007 Intellasia | Dau Tu Chung Khoan page 5
Aug 24, 2007 - 7:03:00 AM
Long added, during the first half of the year, Hoa Phat reached revenue of 2.383 trillion dong and 254 billion dong in after tax profit compared with the year's target of 420 billion dong.
Recently, Hoa Phat finished offering 22 million shares to strategic shareholders and raised its chartered capital from 1.1 trillion dong to 1.3 trillion dong.
The surplus capital of nearly 1.3 trillion dong from the share issue is set aside for investing in ongoing projects such as building offices for rent, new urban zone and cement factories.