Licogi 16 aims for 110 million USD in consolidated revenue in 2018
Licogi 16 Joint Stock Company (Licogi 16) aims to earn 2.5 trillion VND (110 million USD) in consolidated revenue and roughly 1.96 trillion VND (86.2 million USD) in stand-alone revenue in 2018, up 65 percent and 69 percent year on year, respectively.
Hanoi (VNA) – Licogi 16 Joint Stock Company
(Licogi 16) aims to earn 2.5 trillion VND (110 million USD) in consolidated
revenue and roughly 1.96 trillion VND (86.2 million USD) in stand-alone revenue
in 2018, up 65 percent and 69 percent year on year, respectively.
This year, it expects to achieve 123 billion VND (5.4 million USD) in consolidated after-tax profit and 73 billion VND (3.2 million USD) in stand-alone after-tax profit, year-on-year increases of 58 percent and 90 percent, respectively.
The company’s earnings will come from construction activities in a number of projects across the country, including Bac Giang – Lang Son and Ha Long – Van Don expressways, BOO Phu Ninh water treatment plant, Can Tho water treatment plant, Binh Tien Bridge and Road project, Da Nang - Quang Ngai expressway, Hiep Thanh and Nam Anh residential buildings and several electricity projects.
In addition, it will also collect incomes from 50-hectare and 27-hectare urban area projects in Long Tan commune, Nhon Trach district of southern Dong Nai province alongside the 3.4-hectare Nam Phuong City shopping centre.
The firm will offer a cash dividend of 10 percent, up about 3 percent from 2017.-VNA
This year, it expects to achieve 123 billion VND (5.4 million USD) in consolidated after-tax profit and 73 billion VND (3.2 million USD) in stand-alone after-tax profit, year-on-year increases of 58 percent and 90 percent, respectively.
The company’s earnings will come from construction activities in a number of projects across the country, including Bac Giang – Lang Son and Ha Long – Van Don expressways, BOO Phu Ninh water treatment plant, Can Tho water treatment plant, Binh Tien Bridge and Road project, Da Nang - Quang Ngai expressway, Hiep Thanh and Nam Anh residential buildings and several electricity projects.
In addition, it will also collect incomes from 50-hectare and 27-hectare urban area projects in Long Tan commune, Nhon Trach district of southern Dong Nai province alongside the 3.4-hectare Nam Phuong City shopping centre.
The firm will offer a cash dividend of 10 percent, up about 3 percent from 2017.-VNA
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