Saigon Garment Manufacturing Trade Joint Stock Company (GMC) announced business operations in 2009 as follows:
Completing the 2009 revenue target:
* GMC’s revenue in 11 months of 2009 was VND356.70 billion (96.40% of the year plan). On December 18th 2009, the implemented accumulation of revenue was VND370.33 billion. Therefore, GMC met revenue target of the whole year (VND370 billion).
* Profit before tax in 11 months of 2009 was VND40.6 billion, equal to 123.0% of the whole year plan (VND33 billion).
Estimating revenue and profit before tax in December 2009:
* Production revenue in December 2009 is estimated about US$2 million, and implemented revenue was about US$1.55 million, equivalent to VND27 billion. Therefore, total implemented profit in 2009 is estimated VND383.7 billion, equal to VND103% of the whole year plan.
* Profit before tax in December is estimated about VND1.5 billion. The accumulation of profit before tax in 2009 is estimated about VND42.0 billion, equal to 127.0% of the whole year plan.