Tuesday, November 13,2018 - 23:30 GMT+7  Việt Nam EngLish 

Ricons reached over VND88 billion profit in Q3 

 Wednesday, October 31,2018

AsemconnectVietnam - In the third quarter of 2018, Ricons Construction Joint Stock Company (Ricons) achieved consolidated sales of nearly 2.3 trillion dong and the profit after tax of its parent company (consolidated) reached 88 billion dong. In the first 9 months, the revenue reached more than VND5,33 trillion, profit after tax was VND214.8 billion, profit per share (EPS) was VND7,310.

According to the plan in early 2018, in the context of fiercer competition of the construction industry, Ricons’ Board of Directors set a target of VND8,550 billion in 2018, up 30.3 percent and profit after tax VND375 billion, up 30.6% over 2017.
 
In October, 2018, Ricons, SwanCity and Nhon Trach New City Industrial Co., Ltd held the groundbreaking ceremony of SwanPark Project, Block 1A in Nhon Trach District, Dong Nai Province.
 
The project SwanPark is a new modern, integrated and integrated service utility in the East of Saigon. As the main contractor, Ricons undertook structural work, rough finishing and electro-mechanical installation for 452 villas.
N.Nga
Source: Securities Investment Review

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