Becamex IDC (BCM) plans up 3% profit in 2025
Wednesday, April 30,2025
AsemconnectVietnam - Becamex IDC, BCM – HOSE, announced the documents for the 2025 Annual General Meeting of Shareholders, which is scheduled to be held on May 15 in Binh Duong province.
In 2025, Becamex IDC plans to do business with total revenue of VND9,500 billion, up 29% over the same period, expected after-tax profit of VND2,470 billion, up 3% compared to 2024 and expected dividend in 2025 at 10%.
Regarding business orientation, in 2025, Becamex IDC said that in the field of industrial park (IP) development, the Company will start construction of Bau Bang Industrial Park expansion (phase 2 - scale 380ha) and Cay Truong Industrial Park (scale 700ha) in Binh Duong to increase the land fund available for lease in Binh Duong province.
In addition, on the basis of the Binh Duong Provincial Planning for the period 2021-2030 with a vision to 2050 approved by the Prime Minister, Becamex IDC is researching investment in new generation IP projects on science and technology, information technology in Binh Duong province. In addition, the Corporation, together with VSIP, will continue to invest in expanding industrial park - urban and service projects according to new models to provinces under research such as Tay Ninh, Khanh Hoa, Binh Thuan and Binh Phuoc.
In the field of transport infrastructure, in early February 2025, Becamex IDC and its members in the winning joint venture started construction of the Ho Chi Minh City - Thu Dau Mot - Chon Thanh Expressway Project, with a total investment of more than VND8,833 billion. In addition, Becamex IDC is also the investor proposing the Ring Road 4 project through Binh Duong province, which is expected to open for bidding in the second quarter of 2025, and is studying and proposing the investment project of Ring Road 3 through Binh Duong province. In the field of social housing development, Becamex IDC is constructing the Viet Sing Zone 6 Social Housing project with a scale of 1,867 apartments, expected to hand over apartments to home buyers from 2027. In addition, Becamex IDC has been approved by the People's Committee of Binh Duong province to invest in 5 other social housing projects in Binh Duong province with a total of more than 8,600 apartments, which will be implemented from 2025.
In addition, regarding the profit distribution proposal, Becamex IDC submitted to shareholders a plan to pay dividends in 2024 at a rate of 11% and is expected to be implemented in 2025.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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