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Danang Rubber JSC (HSX: DRC), one of the biggest tyre manufacturers in Vietnam, recorded a profit after tax of VND106.2 billion ($4.6 million), but also faced a negative operating cash flow of VND51.3 billion ($2.2 million).
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Tyre producer Da Nang Rubber JSC’s post-tax profit soared 123 per cent year-on-year to VND37.4 billion (US$1.6 million) in the first quarter of the year.
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Based on the Resolution No.14/NQ-DRC-HĐQT dated October 19, 2018, the Board of Directors of Danang Rubber Joint Stock Company approved the business result in quarter 3/2018, the first 09 months of 2018 and business plan for quarter 4/2018 as follows:
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Danang Rubber Joint Stock Company announces Resolution of Annual General Meeting 2018 dated April 24, 2018 as follows:
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