Lao Cai Mineral Processing and Mining Joint Stock Company reported earnings results for the year 2011. For the period, the company reported total revenue of VND 44,576,826,518, net revenue of VND 44,576,826,518, profit before tax of VND 24,701,956,299, net operating profit of VND 24,701,956,299, profit after tax of VND 22,231,760,670. Earnings per share were VND 2,595 for the year 2011. The company approved profit distribution of 15% par value for the year 2011. The company appointed Mr. Pham Ba Huy and Mr. Nguyen Khac Kim to the board of directors. the company approved the resignation of Mr. Bui Duc Thanh from the position CEO and appointment of Mr. Pham Ba Huy as the CEO to replace Mr. Bui Duc Thanh.