VIETNAM PRESS-REE sees 2014 revenue up 10 pct y/y - Vietnam Economic Times

Sun Mar 30, 2014 9:39pm EDT

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Vietnam's Refrigeration Electrical Engineering Group, one of the country's 30 top listed firms by market capitalisation and liquidity, is targeting a 10 percent growth in 2014 revenue from last year to 2.65 trillion dong ($126 million), the Vietnam Economic Times newspaper reported.

But the company has projected net profit to ease around 9 percent, and plans to enter the Myanmar market by joining a project developed by property firm HAGL.

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. ($1 = 21107.5000 dong) (Hanoi Newsroom; Editing by Subhranshu Sahu)

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