Thaco’s revenue estimated at over VND8 tril in 2010

03:12, 06/12/2010

(ĐN)- Truong Hai Auto Corporation (Thaco) sold over 20,025 automobiles in the first ten month of the year, achieved VND504 billion in net profit from a turnover of VND6,159 billion, a 23 percent year-on-year increase.

(ĐN)- Truong Hai Auto Corporation (Thaco) sold over 20,025 automobiles in the first ten month of the year, achieved VND504 billion in net profit from a turnover of VND6,159 billion, a 23 percent year-on-year increase, Thaco General Director Tran Ba Duong said at the extraordinary general meeting on Friday.

The corporation is expected to reach a revenue of VND8,450 billion and after-tax profit of VND635 billion this year, holding a local market share of 24.1%.  

 

At the meeting, Thaco targets to earn a net profit of almost VND750 billion from a turnover of VND12,039 billion in 2011; the corporation also plans to sell at least 32,500 automobiles next year.

      

Reported by T.Trang