According to BCG’s Q2 2016 consolidated financial statements, revenue from sales of goods and services reached 347 billion VND and after-tax profit was 14 billion VND, up by 94% and 10,5% over the same period of last year, respectively.
For the first six months of 2016, BCG’s revenue from sales of goods and services was 613 billion VND which was more than doubled over the same period of last year. The Company’s accumulated gross profit from sales of goods and services hence rocketed up to 84 billion VND, or 166,5% more than the first six months of 2015.
Similarly, accumulated before-tax profit for the first six months of 2016 was around 40,7 billion VND which increased by 68,5% and accumulated after-tax profit was 29 billion VND, or 70,5% more than the same period of last year.
In July 2016, BCG has completed its M&A investments in Thanh Vu Tay Ninh JSC and Auto 1-5 JSC as well as prepared all of the public registration procedures for Tracodi JSC to be listed on the stock market later this year. For the last six months of 2016, BCG will focus on promoting its subsidiaries’ trading activities including: coffee, tapioca, cocoa and implementing its investment on the solar power plant project with a capacity of 100MW in Quy Nhon, Binh Thuan and Long An./.