BR-VT House Development Joint Stock Company announces the consolidated financial statements for 2017 some details:
Profit before tax was over VND 96 billion, 141% compared to 2016 and exceeded 21% of the plan. After-tax profit of shareholders of holding company reached over VND 80 billion, equivalent to the Earning Per Share (EPS) of 1,776 dong.
In 2017, revenue and profit of the company mainly come from projects such as Phu My, Thi Sach, Go Sao… these are projects with high profitability ratio. Therefore, thought the revenue of the company decreased but the profit increased.
In 2017, the Company paid a 10% dividend in cash for shareholders in 2016. According to the plan, at the Annual Shareholders’ General Meeting 2018, the Board of Directors will submit the dividend payment plan in 2017 at the rate of 10%, dividend in 2018 at the rate of 15%.
The company also give the plans for business and production activities in 2018 with some indicators showing outstanding growth. Accordingly, the planned revenue reached VND 857 billion, profit before tax is VND130 billion.
Together with the revenue and profit plan, in 2018, the company will deploy the following projects: Fusion Suites Vung Tau, The Light City (Hai Dang, Phu My Ecotown, Tan Thanh Social Housing, Ocean…
At the same time, the Company will carry out trading some projects: Binh An Apartment Building, Binh Gia Apartment Building, Residential Area to the West of 3/2 Street, Ngoc Tuoc Hill 2 Villa, Phu My Ecotown, Fusion Suites Vung Tau
