My Chau Printing & Packing Holdings Company Approves Second Cash Dividend for 2017 and First Cash Dividend for the Year 2018; Announces Earnings and Production Results for the First Six Months of 2018; Provides Earnings and Production Guidance for the Third Quarter of 2018
The company announced earnings and production results for the first six months of 2018. For the period, the company reported net revenue of VND 164,222,841,421 compared to VND 171,028,949,557 a year ago. Profit before tax was VND 10,927,429,139 compared to VND 14,315,246,875 a year ago. Company's income was VND 20,708,739,981 compared to VND 23,236,859,411 a year ago. Profit after tax was VND 8,741,943,311 compared to VND 11,452,197,500 a year ago.
For the period, the company reported plating on sheet iron production of 9,571,129.60 m2 against 12,222,105.09 m2 a year ago. Metal packaging production was 25,149,299 pair against 24,776,692 pair a year ago.
The company provided earnings and production guidance for the third quarter of 2018. For the third quarter of 2018, the company expects revenue (VAT included) of VND 100,000,000,000 and profit before tax of VND 7,000,000,000.
For the third quarter of 2018, the company expects plating on sheet iron production of 7,500,000 m2 and metal packaging production of 15,000,000 pair.