HUD3 makes debut session on March 18

HUD 3 Investment and Construction Joint Stock Co announced that the company would officially make debut session on March 18, 2011 for listing 9.99 million shares on the southern bourse with initial price of 25,000 dong per share.



In 2011, the company set targets to reach whole year pre-tax profit of 100 billion dong.



Phan Truong Son, vice director of HUD3 revealed that the company expected to finish construction and start selling apartments in Van Canh new urban area with total flooring area of 28,818 square metres, bringing in total revenue of 442.16 billion dong and pre-tax profit of 120 billion dong from this project.



At present, the company owns total land fund of 15 hectares. Last year, HUD3′s real estate sectors brought in 35 percent of total revenue and 60 percent of total profit.

Tags: Vietnam companies

Posted by markmiller2011 on Mar 14 2011. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry