At the end of the third quarter of 2020, BR – VT House Development Joint Stock Company continued to have relatively good business results in the complicated situation of covid epidemic. Specifically:
Unit: billion dong
|
Items |
Third quarter of 2020 |
Cumulative sum calculated for the first 9 months |
Plan for 2020 |
Rate of completion (%) |
|
Revenue |
196.52 |
557.05 |
1,030.00 |
54.08 |
|
Profit before tax |
37.18 |
136.45 |
250.00 |
54.58 |
|
Profit after tax |
30.70 |
109.41 |
200.00 |
54.71 |
(Source: Consolidated financial statements for the third quarter of 2020)
Revenue and profit in the third quarter of 2020 were recorded mainly from the West 3/2 residential area project and the Ecotown Phu My project. These projects have high profit margins. Therefore, profit before tax (consolidated) in the third quarter of 2020 is equal to 123% compared to the same period, reaching 37.18 billion VND, the cumulative sum is VND 136.45 billion, completing 54.58% of the plan for 2020
In the coming time, the company will continue to accelerate the construction of The Light city project to put into business in the fourth quarter of 2020, and at the same time the Company will continue the sale in some projects such as the West 3/2 residential projects; Ecotown Phu My; Fusion Suites Vung Tau … determining to complete production and business tasks in 2020 with revenue striving to reach 1,030 billion; profit before tax striving to reach 250 billion dong.
