QHD: Board Resolution 2013
(25/03/2013) Viet - Duc Welding Electrode JSC announced Board Resolution after shareholders’ meeting on 23/03/2013 as follows:
- Approval on the reports: Business result in 2012 and business plan in 2013; Performance and result of supervision in 2012; Review of BoD and Management Board’s performance in 2012
- Approval on business result in 2012 and business plan in 2013 with specific indicators as follows:
- Business result in 2012
|
+ Yield |
|
|
- Welding sticks |
6,590 tons |
|
- Welding wires |
2,044 tons |
|
+ Gross sales: |
VND208,163,528,510 |
|
+ Profit before tax: |
VND6,488,564,576 |
|
+ Income tax: |
VND1,781,844,854 |
|
- Deduction in income tax payable: |
VND534,553,436 |
|
- Income tax payable: |
VND1,247,291,398 |
|
+ Profit after tax |
VND5,241,273,178 |
- Business plan for 2013
|
+ Yield |
|
|
- Welding sticks |
7,500 tons |
|
- Welding wires |
2,500 tons |
|
+ Gross sales: |
VND 232,320,000,000 |
|
+ Payables to Government |
as per regulations |
|
+ Profit: |
≥ VND5 billion |
|
+ Depreciation: |
VND 5,400,000,000 |
|
+ Expenses of major repairing: |
VND1 billion |
- Approval on profit and dividend distribution in 2012, specifically:
|
Total of profit |
VND6,488,564,576 |
|
+ Income tax (25%) |
|
|
- Income tax payable |
VND1,247,291,398 |
|
- Deduction in income tax |
VND534,553,456 |
|
+ Profit after tax |
VND5,241,273,178 |
|
+ Profit distribution |
|
|
- Allowance |
VND300,000,000 |
|
- Bonus and Welfare fund |
VND250,000,000 |
|
- Dividend payment (9%) |
VND3,824,910,900 |
- Authorize BoDs to decide estimated dividend payment in 2013 based on business result in 2013
- Selection of AASC to be auditing firm for FS 2013
- Others
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