IDICO Infrastructure Development Investment Joint Stock Company announces the Board resolutions as follows:
Board Resolution No.101 dated December 27, 2019
The Board of Directors approved the policy on signing loan agreements to raise funds for operation activities in 2020 at BIDV – Headquarter 2 or a branch of Eximbank with a credit limit of VND20 billion.
Board Resolution No.102 dated December 27, 2019
Unit: million dongs
No.
Item
Plan
Estimate in 2019
Plan for 2020
%
Estimate in 2019/Plan for 2019
Plan for 2020/Plan for 2019
a
b
1
2
3
4=2/1
5=3/2
I
Total production value
517,023
517,328
471,241
100.06%
91.09%
II
Financial indicators
Revenue
360,545
371,892
373,200
103.15%
100.35%
Profit before tax
72,800
73,574
73,800
101.06%
100.31%
Profit/Revenue
20.2%
19.78%
19.77%
97.98%
99.96%
4
Profit/Owner’s equity
15.2%
15.3%
15.4%
5
State budget
19,000
19,400
20,000
102.11%
103.09%
III
Total investment
149,691
7,058
5,076
4.72%
66.97%
IV
Dividend
10-12%
14%
116.67%
100.00%
2. The Board of Directors approved the plan for merging Service Unit into IDICO-IDI Construction Enterprise.