Thuong Dinh Electrical Wire and Cable Joint Stock Co (Cadi-Sun) last Saturday held the annual shareholder meeting to target reaching total revenue of 973.6 billion dong in 2010, surging 52 percent year-on-year, and a pre-tax profit of 53 billion dong.

The company will allocate investment funding for key projects such as production capacity increase of two plants Dai Duong and Bac Duong, a project on building Truong Duong IZ complex, Hong Duong plastic plant, Hoang Duong electromagnetic plant, and others with total investment expense of 143.2 billion dong.

Cadi-Sun also decided to issue second-phase shares to its employees by Q2 of 2010 and passed the share listing roadmap for this year.

(Source: Intellasia)