Viettel Global revenue from international investment up 9%

Tuesday, Apr 26, 2016 18:02

The total revenue from Viettel Global's international investment increased 9 per cent to reach nearly US$1.4 billion in 2015. — Photo VnEconomy

HA NOI (Biz Hub) — The total revenue from Viettel Global Investment JSC (Viettel Global)'s international investment increased 9 per cent to reach nearly US$1.4 billion last year, while maintaining a pre-tax profit of $58 million.

Meanwhile, the total number of Viettel Global subscribers hit 16.5 million, according to the company's 2015 financial report.

The company on April 16 also announced its goal of achieving revenue of $1.5 billion for eight markets. The company plans to open two new markets this year, bringing in 8.35 million new customers. This would bring the cumulative subscribers in the overseas markets to more than 25 million.

The company also set a target of $51.4 million in combined pre-tax profit, accounting for 90 per cent of that in 2015.

This year, Viettel expects to implement construction projects in Myanmar, a potential market with the largest population scale among Viettel's invested markets.

It is also growing quickly, and demand for data usage in the country is increasing, with more than 60 per cent of its population using smartphones.

At its shareholders' meeting the same day, the company proposed a dividend payment of 10 per cent by cash, 1.5 times higher than the 12-month banking interest rate.

The management board of Viettel Global also submitted a plan to increase its chartered capital by VND8 trillion by selling shares for Viettel Group. — VNS

Comments (1)

Bà con xa, không bằng láng giếng gần. Vậy mà...! Thôi bó tay.

van hong - Friday, 18/03/2016, 16:56 Reply | Like
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