Transport and Industry Development Investment Joint Stock Company (Tracodi)

BCG Stocks are officially eligible for margin trading from November 8th 2019


(BCG) On November 7, 2019, Ho Chi Minh City Stock Exchange officially issued a decision to remove securities of Bamboo Capital Joint Stock Company (trading code: BCG) from the list of securities are not eligible for margin trading.

Besides, Bamboo Capital Joint Stock Company just announced the company’s financial report until the third quarter of 2019 with net revenue of VND 942 billion, increase by 13% over the same period. Profit after tax also improved significantly with VND 128 billion which is 6.5 times higher than the same period thanks to the transfer of many high-value projects. In addition, business activities in associated companies contribute nearly VND 33 billion in profits.

In the period of 2020-2023, in the real estate sector, BCG will keep focusing on developing Casa Marina Resort Phase 2 including 160 hill villas and other potential projects such as Pegas hotel and apartment in Nha Trang and Lavender Resort in Da Lat. Renewable energy will continue to be BCG’s long-term key investment. Accordingly, BCG Energy – a subsidiary of BCG, will deploy an expected 50MW capacity wind energy project in Soc Trang, along with a lot of potential renewable energy projects in Long An, Ben Tre… with a total capacity of up to 500MW