Wednesday, June 26, 2013

2013, KTB expected dividends 5-10%



 Total shareholders Mineral Investment Northwest (KTB code) which took place without success, due to insufficient shareholder participation rate. On 28/6, 2 congress will take place.


     At the meeting, the Board of Directors will submit plans to shareholders in 2013 with revenue of 120 billion dong, after tax profit of 30 billion dong, dividends 5-10%. For years, KTB has no dividends to shareholders. In 2012, the Company did not pay dividend, so to pay all sums collected and over 21 billion reserve fund to cover financial dividends paid in advance in 2010, so Undistributed profits remaining coordination of fiscal year 2012 is over 300 million.

     Regarding the planned investment projects in 2013, focusing KTB complete line of copper metal in Phu Yen district, Son La, promoting the exploitation of the iron mines should bend, Yen Bai. At the same time, survey locations for installation of ore lines, invest machinery, mining equipment at the mine is operating, in order to improve production efficiency.

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