Septembe

TCD: expects to achieve more than VND 62 billion of profit before tax in Q3/2017, meeting 83% of the plan.

As estimated, Tracodi (HOSE: TCD) will reach the profit before tax of VND 26.4 billion in third quarter of 2017. In Q3/2017, TCD is expected to achieve the consolidated revenue of VND 297 billion and profit after tax of VND 26.4 billion respectively, up 8% compared with the same period of last year. Accordingly, in the first 9 month, the accumulated revenue and profit after tax are respectively forecasted to reach 672 and 62.24 billion VND, meeting 83% of the annual plan. Tracodi is predicted to exceed its 2017 target with significant revenue gaining from the completion of project BOT 830 (Road upgrade and expansion for provincial road 830).