Transport and Industry Development Investment Joint Stock Company (Tracodi)

BCG’s Q3 FY17 Consolidated Business Results: Revenue of 583 billion VND and profit before tax of 20.6 billion VND


BCG) According to BCG’s Q3 FY17 consolidated business results, revenue from sales of goods and services reaches 538 billion VND, increasing by 39% over the same period of last year, and profit before tax is 20.6 billion VND.

Within the first 9 months, BCG achieves the accumulated consolidated revenue of 1,139 billion VND, a 39% increase versus the same period last year and the accumulated consolidated profit before tax from the sales of goods and services correspondingly increases up to 52.3 billion VND, completing 74% annual plan.

The revenue from trading segment reaches 479 billion VND, accounting for 89% of total Q3 revenue. Construction segment also contributes 8% as equivalent to 42.5 billion VND. Likewise, the third-quarter 2017 revenue from services segment is 15.5 billion VND and the remaining percentage comes from quarry segment.

Besides, DT830 & 824 Route Upgrade and Expanding Project (Duc Hoa Town, Duc Hoa District to An Thanh Bridge, Ben Luc District) has been invested by BCG with 1,100 billion VND and accelerated to be put into operation in the first quarter 2018.

The route was expanded to build an important bridge between industrial zones and Long An International Port to promote the economic development in Long An Province.

In 12/2017, BCG officially put Casa Marina Resort into the first operational stage. The resort was built in accordance with the 4-star standard, located in Ghenh Rang, 10 km from the center of Quy Nhon City. The first operational stage consists of 56 superior rooms, hill villas, and sea-viewed bungalows. The first-year revenue is estimated at 15 billion VND, with 40 % room occupancy level. It is expected that room occupancy level will reach 70% and generates stable flows of revenue for BCG by the third operating year.