HUD3 sets target to reach pre-tax profit of 100b dong

HUD3 Investment and Construction Joint Stock CO (coded HU3) targeted to reach whole year revenue of 900 billion dong, increasing by 62.5 percent against that of 2010.



In which, the company’s revenue from trading real estates was expected to count for 60 percent of the total. HUD3 also aimed to reach total pre-tax profit of 100 billion dong, up 135 percent year-on-year. At present, the company’s chartered capital was posted at 99.99 billion dong. This year, HUD3 expected to start selling apartments in current projects of Van Canh new urban area, Golden Palace and Dong Son low-rise housing complex.



In its debut session on March 18, 2011, HU3-coded share price declined by 2,000 dong against the initial price to 23,000 dong per share with 134,800 shares being transferred.

Tags: Vietnam business, Vietnam stock news

Posted by VBN on Mar 21 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