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Đức Giang Corporation achieves profit target in 2017

Update: January, 09/2018 - 15:03
Customers shop at a showroom of Đức Giang in Hà Nội. — Photo
Viet Nam News

HÀ NỘI — The Đức Giang Corporation (Dugarco), one of Việt Nam’s leading garment enterprises, aims to earn VNĐ3.3 trillion (US$144 billion) in revenue and VNĐ48 billion in profit this year.

The company earned a total revenue of VNĐ2.9 trillion in 2017, up 7 per cent year-on-year and fulfilling 98 per cent of its annual target. Last year’s profit was estimated at VNĐ45 billion, meeting the profit target set for the whole year.

Đức Giang’s Board of Directors (BoD) plans a dividend payment of 35 per cent last year, equivalent to VNĐ25.12 billion.

The firm’s BoD also plans to hold the 2018 annual shareholder meeting on April 20. — VNS



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