AsemconnectVietnam - The Board of Directors of Licogi 14 Joint Stock Company (code L14 - HNX) has just approved the production and business plan for the last 6 months of 2024.

Licogi targets total revenue of VND124.1 billion for the last 6 months of the year, of which: real estate revenue of VND5 billion, financial revenue of nearly VND11.4 billion, and VND107.7 billion from construction and other revenue; after-tax profit is expected to reach VND16.1 billion.
In the first half of 2024, L14 brought in VND54.2 billion in total revenue and more than VND8.85 billion in after-tax profit. If the above targets are achieved in the last 6 months of the year, L14 will complete the plan for the whole year of 2024.
Regarding construction and installation activities, the Company's Board of Directors will continue to actively search for and bid for construction works in the provinces of Phu Tho, Tuyen Quang, Yen Bai, Ha Giang, etc.
Regarding real estate business activities, the Company will continue to conduct business on the remaining land of the Minh Phuong urban area project, which is not favorable in terms of feng shui, to recover investment capital for the Nam Minh Phuong New Urban Area project.
The Nam Minh Phuong project is identified by Licogi 14 as the Company's key and focal work and the current key work is site clearance. In the coming time, the Company's Board of Directors will continue to coordinate with functional agencies and localities to propagate, mobilize, and explain to people to comply with the State's policies and guidelines on payment, compensation receipt, and site handover for project implementation.
In addition, with the Minh Phuong Center Point Commercial Center project, the Company is urgently completing the design documents and carrying out the necessary procedures to start construction of the project. According to the plan, by August 25, the project's basic design documents will be completed and by October 30, the application for a construction permit will be completed.
Regarding financial investment activities, L14 will closely follow market developments, flexibly invest in potential stocks, seize and take advantage of opportunities and timing to realize profits.
N.Nga
Source: VITIC/Tinnhanhchungkhoan