STC-listed Vipco Petroleum Transportation Joint Stock Co (coded VIP), on November 15, officially started construction on a 25-storey building VIPCO TOWER at No 37 Phan Boi Chau, Hong Bang Dist in the northern city of Hai Phong.
VIPCO TOWER with a total investment of over 200 billion dong is designed by France-based UBIK Architecture Co, built by Delta Industrial and Civil Construction Co and supervised by the US-based Delta Project Management Consultancy Co.
The project is expected to complete by 2011.
In Q3, VIP gained 360.9 billion dong in net revenue from sales and services, up 51.07% yoy and 25.8 billion dong in after tax profit, down 1.75% from last year, bringing the total figures during the first nine months of the year to over 1.014 trillion dong and 74.5 billion dong, respectively with the EPS of 1,337 dong.
Ending the trading session on November 18, VIP-coded shares closed at 12,000 dong per shares, down 300 dong or 2.42% from the previous session with the total trading volume of 270,530 shares.
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