Thuan An Wood Processing Joint Stock Company Announces Audited Production and Earnings Results for the Year 2016; Provides Production, Earnings and Dividend Guidance for the Year 2017; Announces Cash Dividend for the Year 2016, Payable on May 19, 2017; Announces Board Changes
For the year, the company reported total revenue of VND 505,368 million, profit before tax of VND 18,276 million and profit after tax of VND 14,543 million.
For the year, the company announced cash dividends (10%/par value) is VND 9,830 million.
For the year 2017, the company expected billet wood production of 41,300 m3, pieced wood production of 500 m3, and refuned wood production of 6,000 m3.
For the year 2017, the company expected total revenue of VND 507,300 million, profit before tax of VND 18,300 million and profit after tax of VND 14,585 million.
For the year 2017, the company expected to pay cash dividends (11%/par value) of VND 10,813 million. Ex-right date is April 21, 2017, record date is April 24, 2017 and payment date is May 19, 2017.
The board also approved the supplementary election of Mr. Do Le Binh as member of board of directors of the 2013- 2018 tenure. He will replace Mr. Phan Hoang Nam.