A production line at the Habeco brewery plant in Hanoi’s Me Linh district (Photo baodautu.vn)Hanoi (VNA) - Hanoi Beer Alcohol andBeverage Joint Stock Corporation (Habeco) targets total revenue of over 8.8trillion VND (390 million USD) in 2017, up 9.1 percent year-on-year.
The brewer plans to earn pre-tax profit of 1trillion VND this year, up slightly from 2016, and dividends are projected at20 percent.
The company’s revenue in 2016 grew by 8 percentto reach 8.1 trillion VND. Pre-tax profit reached 997.3 billion VND, up 0.6percent year-on-year.
With this result, the dividend rate was adjustedupwards to 18 percent, equivalent to 417 billion VND. The company paid 10percent dividend in 2015.
The Ministry of Industry and Trade (MOIT),Habeco’s biggest stakeholder with 81.79 percent capital, is expected to collect341 billion VND.
At its 2017 annual general meeting ofshareholders held last week, two members of the board of directors weredismissed, including Nguyen Thi Nga representing the Ministry of Industry andTrade and Tayfun Uner, CEO of Carlsberg Vietnam, which currently holds a 17.08percent stake of Habeco.
Do Xuan Ha was appointed to replace Nguyen ThiNga from May 11 until the Ministry of Industry and Trade has made a decision onpersonnel.
Habeco only elected one new member to the board,namely Soren Ravn, Business Development Manager of the Carlsberg Group. Withthis change, Habeco temporarily has just four board members.
Headquartered in Hanoi, Habeco is the largestbeer producer in the North and the third-largest beer company in Vietnam, withpopular brands such as Hanoi Beer and Truc Bach Beer. It owns 17 subsidiariesand nine affiliated companies. -VNA
The brewer plans to earn pre-tax profit of 1trillion VND this year, up slightly from 2016, and dividends are projected at20 percent.
The company’s revenue in 2016 grew by 8 percentto reach 8.1 trillion VND. Pre-tax profit reached 997.3 billion VND, up 0.6percent year-on-year.
With this result, the dividend rate was adjustedupwards to 18 percent, equivalent to 417 billion VND. The company paid 10percent dividend in 2015.
The Ministry of Industry and Trade (MOIT),Habeco’s biggest stakeholder with 81.79 percent capital, is expected to collect341 billion VND.
At its 2017 annual general meeting ofshareholders held last week, two members of the board of directors weredismissed, including Nguyen Thi Nga representing the Ministry of Industry andTrade and Tayfun Uner, CEO of Carlsberg Vietnam, which currently holds a 17.08percent stake of Habeco.
Do Xuan Ha was appointed to replace Nguyen ThiNga from May 11 until the Ministry of Industry and Trade has made a decision onpersonnel.
Habeco only elected one new member to the board,namely Soren Ravn, Business Development Manager of the Carlsberg Group. Withthis change, Habeco temporarily has just four board members.
Headquartered in Hanoi, Habeco is the largestbeer producer in the North and the third-largest beer company in Vietnam, withpopular brands such as Hanoi Beer and Truc Bach Beer. It owns 17 subsidiariesand nine affiliated companies. -VNA
VNA
