TIP targets to reach over VND15.2 billion in profit after tax this year.

(ĐN)- Recently, Tin Nghia Industrial Park Investment and Development Joint Stock Company (TIP) held its first shareholders meeting. Accordingly, the company targets to reach more than VND15.2 billion in profit from turnover of VND48.7 billion in 2008.

(ĐN)- Recently, Tin Nghia Industrial Park Investment and Development Joint Stock Company (TIP) held its first shareholders meeting. Accordingly, the company targets to reach more than VND15.2 billion in profit from turnover of VND48.7 billion in 2008.    

Besides, the company will start construction of 18-hectares Long Thanh-Tam Phuoc residential area and invest in other projects, including Vinh Cuu-Thanh Phu residential covering 64 hectares and Long An-Binh Son Industrial Park, etc. The company is also preparing to list its shares at HCM City Stock Exchange in the first quarter of 2008.

The TIP has a chartered capital of more than 173.3 billion, in which local shareholders holds 82.57 percent, foreign shareholders owns 17.43 per cent.

Reported by K.L