BCG’s Q3 FY16 Consolidated Business Results: After-tax Profit of 46.9 Billion VND, Fulfilling 65.3% of 2016 Plan


According to BCG’s Q3 FY16 consolidated business results, Q3’s revenue from sales of goods and services and accumulated revenue are 387.7 billion VND and 995 billion VND, increasing by 28.4% and 73.3% over the same period of last year, respectively.

Along with the revenue increase from sales of goods and services, BCG’s Q3 after-tax profit and accumulated after-tax profit for the first nine months of 2016 also increase to 17.8 billion VND and 46.9 billion VND, up by 15.6% and 44.3% over the same period of last year, respectively. Therefore, as Board of Directors set out for 75 billion VND in after-tax profit, BCG has currently fulfilled 65,3% of 2016 plan and the Company is confident that it would achieve profitability as planned and promised to shareholders.

On October 17th, 2016, at Long An Investment Promotion Conference, BCG received the investment certificate for the project of upgrading and expanding Interstates 830 & 824 from An Thanh, Ben Luc District to Duc Hoa Town, Long An with a total investment of approximately 1,079 billion VND. The project is expected to begin construction in November 2016 and complete by Q1 of 2018. This is also the first infrastructure project which establishes BCG’s strategic direction in the development of infrastructure construction projects.