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Licogi 16 sets 200b dong profit after-tax for 2010
08/Mar/2010 Intellasia | Dau Tu Chung Khoan
8 Mar, 2010 - 11:19:23 AM
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Licogi 16 Joint Stock Co (coded LCG) will organise the annual shareholder meeting in April 3 to pass the 2010 business plan with one trillion dong in revenue and over 200 billion dong in after-tax profit.

The company has welcomed the contributed capital of 60 billion dong from Sieu Thanh Co Ltd to invest in Nam An apartment area project that can be kicked off by Q2 of 2010. The project includes 18 storeys with total land area of 6,662 sqm in Binh Hung Hoa Ward, Binh Tan Dist, HCM City.

LCG also planned to invest $77 million in the 300,000 litre/day bio ethanol production line in Minh Hung Commune, Bu Dang Dist of Binh Phuoc province. The construction will be started in Q2 of 2010 and finished by late 2011.





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