HOT targets to earn over 4.8b dong in QII
Friday, May 26,2017AsemconnectVietnam - The Board of Directors of Hoi An Tourist Service Joint Stock Company (coded HOT) has approved the business plan for the second quarter of 2017 with the total revenue of VND50 billion and pre-tax profit of VND4.82 billion.
In the first quarter, the company achieved total revenue of VND44.45 billion dong and pre-tax profit of VND3.45 billion, fulfilling 92 percent and 64.6 percent of the plan, respectively.
HOT said that the revenue from two branches of Hoi An Hotel and Resort Sea reduced leading to a decrease of profits.
In addition, the Board of Directors approved the restructuring plan proposed by VN Direct and implemented the investment plan in accordance with the resolution of the 2017 General Meeting of Shareholders.
Specifically, as proposed by the General Director of the Company to suspend the design of functional renovation of tennis courts Hoi An Hotel; Investment Committee, under the Board of Management Company to promote and search for new projects.
It is known that in 2017, HOT set VND193.75 billion in revenue, before and after tax profit reached 19.47 billion and 15.42 billion, respectively.
N.Nga
Source: Dau tu Chung khoan
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