According to BCG’s Q4 FY16 consolidated business results, Q4’s revenue from sales of goods and services and 2016 accumulated revenue are 658.3 billion VND and 1,653 billion VND, increasing by 63.1% and 69.5% over the same period of last year, respectively.

Along with the revenue increase from sales of goods and services, BCG’s accumulated before-tax profit in 2016 rises to 87.6 billion VND, or 23.5% up from 2015.

In addition, BCG’s Consolidated Cash Flow Statement (indirect method) shows positive results with profit from investments of 155 billion VND in 2016, or 3.8 times more than in 2015. Ending cash and cash equivalents also increase to 55.2 billion VND, which almost double the same period of last year, reflecting a stable stream of cash inflow. In terms of liquidity, BCG’s quick ratio has improved significantly, from 1.03 times in 2015 to 2.47 times in 2016.

Overall, BCG’s activities in 2016 has prospered with business now focusing on four main areas including manufacturing and trading (e.g. furniture, buses, agricultural products); infrastructure construction and real estate; renewable energy; and financial advisory and investment banking services. For infrastructure projects, on November 17th, 2016, BCG has officially launched the groundbreaking ceremony for Interstates 830 & 824 in Long An. This BOT project has a total investment of 1,079 billion VND and is expected to be completed by late Q1 2018. For solar energy projects, BCG has conducted researches in Long An regarding a solar power plant with maximum capacity of 100MW and total investment of 3,600 billion VND. In Q1 2017, TRACODI (TCD) – a subsidiary of BCG, will be officially listed on Ho Chi Minh City Stock Exchange (HSX), marking BCG’s first success in the company’s M&A investment strategy.

TRACODI – Transport and Industry Development Investment Company, a previously State-owned Enterprise directly under the Ministry of Transport and Telecommunications, has a charter capital of 324.8 billion VND. The company’s revenue reached 830 billion VND in 2016 and before-tax profit was 76 billion VND. TCD operates in the following areas: infrastructure construction, trading, labor export and the company also has 51% ownership in Antraco quarry in An Giang. In addition, TCD has invested in a number of affiliates including: Vinataxi, Vinacafe Dalat, Phu Tam Khoi Joint Stock Company, etc