DIC reduced dividend rate in 2012 was 8%

AGM Investment and DIC (DIC) has been through the entire report of the Board of Directors.


     Accordingly, the dividend rate in 2012 was revised down from 12% to 8% in cash, of which 4% 4% cash and in shares. DIC also cancel the issuance of 4.67 million shares, deferred merger plan 3 units.

     2013, DIC targeting consolidated revenues 1.508 billion, pre-tax profit of 16.4 billion expected dividend 6%. According to Nguyen Duc Hai, Chairman of the Company, the DIC has created a new product from the ore with iron content of 30-40% of the iron ore content of 60-70%, the process continues to produce the sponge iron. The entire capital investment to upgrade equipment to produce steel for DIC source was a Chinese customer contracted consumption and investment products.

     As of mid-June, exports of clinker by DIC has the value of exports in 2012. 2013, DIC will perform the contract clinker exports 480,000 tons / year, equivalent to $ 18.2 million for Holcim (Singapore); continue talks with Itochu Corporation (Japan) for 120,000 tonnes of export contracts clinker / month.