Tuesday, October 23, 2018 4:27:28 AM - Markets open
VN-INDEX 953.51 -4.85/-0.51%
HNX-INDEX 107.55 -0.55/-0.51%
UPCOM-INDEX 52.42 -0.05/-0.09%
TCD: Tracodi targets over $50m revenue this year
Thanhnien.vn - 5/31/2018 9:38:02 AM
 (0 ratings. You must sign in to rate.)
Transport and Industry Development Investment Joint Stock Company (Tracodi) has targeted a revenue of VNĐ1.15 trillion (US$50.44 million) and an after-tax profit of VNĐ77.1 billion in 2018.
The year-on-year increase would be five per cent and three per cent, respectively, revealed the company’s report preparing for the upcoming annual shareholders’ meeting on June 15, 2018.
In the revenue structure of 2018, the commercial segment is expected to account for the largest share, contributing some VNĐ450 billion, followed by infrastructure and real estate projects with VNĐ390 billion. The stone exploitation project with the joint venture Antraco is expected to contribute VNĐ300 billion, the remaining will come from the labour export and training projects.
This year, Tracodi plans to invest in a high-rise apartment complex at No.89 Cách Mạng Tháng Tám, District 1, HCM City, which is also the headquarters of the company. The project has an area of 1,048sq.m with total investment capital of VNĐ850 billion. Currently, Tracodi is carrying out procedures for investment approval.
The company’s board of directors also plans to pay dividends in 2017 at the rate of 10 per cent in shares, through the issuance of 3.4 million shares.
Tracodi has 28 years of operating history in many fields such as infrastructure construction, taxi transportation, quarrying and labor export. 
In May 2017, the company listed 32.48 million shares on the HCM Stock Exchange at a reference price of VNĐ16,000 a share. 
Bamboo Capital is currently the parent company owning Tracodi’s 50.61 per cent stake. — VNS
Read original article here
Newer News
22/10 VHM11801: Decision on the listing of bond
22/10 VHM11726: Notice of interest rate of third payment period
22/10 SDI11717: Notice of interest rate of third payment period
22/10 UDC: Cancellation of record date for 2017 cash dividend payment
22/10 TLH: Information on liabilities
22/10 SAM: BOD resolution on stock issuance plan to raise capital
22/10 VPB: Decision on the change of listing
22/10 SMA: The record date for the 2018 dividend payment
22/10 SMA: Change of personnel
22/10 QBS: QBS asks for the extension of submission of financial statements
Older News
30/05 FUESSV50: NAV 29 May 2018
30/05 FUESSV50: Announcement after exchange trading 29 May 2018
30/05 E1VFVN30: NAV 29 May 2018
30/05 E1VFVN30: Announcement after exchange trading 29 May 2018
30/05 CTF: Resolution of Annual General Meeting 2018
30/05 C47: Approving the representative of stake at Binh Dinh Labor Supply Com.Ltd
30/05 C47: Approving the representative of stake at Mang Den
30/05 ROS: Selection of auditing firm
30/05 SII: Signing the audit contract
30/05 STB: Changing the Tan Binh's transaction office location
Newsletter Signup
Top Stories
VN Index to rise amid volatility, weak liquidity
VN stocks continue rallying
VN manufacturing PMI hits 22-month high in March
CPI goes up 4.96 percent year-on-year in first quarter
Slight rise in February CPI
Market Update
Last updated at 3:09:23 PM
VN-INDEX 953.51 -4.85/-0.51%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.