Song Da Urban Investment and Development Joint Stock Co (coded SDU) said the firm would issue 20 million additional shares priced 15,000 dong each to raise its chartered capital from 200 billion dong to 400 billion dong.
In first half, the company earned 85.058 billion dong in revenue, equalling to 19 percent of the year plan, profit 30.78 billion dong, about 31 percent year plan. As schedule, the firm will complete and transfer Song Da – Ha Dong complex building to put into operation next month. SDU targeted gaining over 17 billion dong in Q3 profit.
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