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KLF announces plans to raise charter capital

Update: February, 28/2015 - 09:20

HA NOI  (VNS)— KLF Investment (KLF) plans to increase its charter capital from VND1.52 trillion (US$71.4 million) to more than VND3.6 trillion ($169 million) through share issuance and dividend payout.

In 2014, KLF achieved a profit after taxes of VND91.37 billion ($4.3 million), a soaring 164.6 per cent compared to 2013. The company expects its profits will continue to grow, reaching VND156 billion ($7.3 million) this year.

The company's stock dropped 2.8 per cent yesterday to settle at VND10,500 ($0.49) despite the company's recent news. — VNS

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