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In 2010: CMC is expected to obtain 200 billion dong in profit before tax

04.06.2010
It’s expected that total turnover in 2010 (*) shall be 5,000 billion dong (**), increase of 35% in comparison with the year 2009; profit before tax shall be 200 billion dong, increase of 34%; profit after tax shall be 156.5 billion dong, increase of 27% in comparison with the year 2009; EPS is expected to be 2,463, increase of 27% compared to 2009.

To obtain the above targets, CMC Corporation continues to develop 3 strategic pillars: Information technology, Telecommunication and E-business; in which, 3 key fields in coming time are system integration, computer installation, ICT, software and telecom-internet distribution.

System integration is still the field with highest proportion of turnover and profit of CMC and still focuses on development of professional solutions and services, increases its proportion in turnover structure. This field is expected to get the growth rate of 30% in 2010.

Software field is expected to grow over 65% in 2010; in which, ITO, BPO services and packing products, especially internet security products shall be strongly fostered, together with maintaining the supply of domestic traditional services previously; at the same time, CMC shall enhance R&D activities to launch new products and improve business effectiveness per head.

The growth in telecom field is expected to be 124% in 2010. Currently, CMC has completed its investment in FTTx technology infrastructure and shall put into commercial operation in 2nd Quarter of 2010. In last March, CMC bought 43.8% shares and became strategic partner of NetNam Company. In coming time, CMC Telecom, CMC TI and NetNam shall become group of companies with close power combination and connection in terms of infrastructure, services, solutions, human resources to provide customers with telecom-internet services with highest quality.

Other fields such as computer manufacturing is planned to grow around 30%, ICT distribution increases about 38% and still remain high growth rate to always be the leader in the market.

(*) In 2010, CMC has changed its accounting period from 1st April 2010 to 31st March 2010. Business activities in the period from 1st January 2010 to 31st March 2010 shall be accounted together with 2010 plan. Therefore, Plan of CMC in 2010 shall be accounted from 1st January 2010 to 31st March 2011.

(**) Turnover also includes internal turnover among member companies.
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