Nguyen Van Manh, vice general director of Song Da 2 Joint Stock Co (coded SD2) announced that by the end of September, the company reached over 22 billion dong of profit. This year, the company has set target to obtain whole year profit of 30 billion dong.
At present, most of SD2′s current projects have been carried out in time. Apart from Ho Xuong Rong urban area project in Thai Nguyen province, the company has conducted the investment project of Hoa Binh semi-detached housing complex (situated in an area of 1.5 hectares) and Phu Luong housing complex in Ha Dong Dist, Hanoi.
In 2011, SD2 plans to spend total investment value of 514.7 billion dong, of which 14 billion dong will be used for upgrading construction machines, equipment and operation management; 10 billion dong on financial investment activities and 490.7 billion dong on trading real estates and mining.