Cotec Investment and Land House Development Joint Stock Company Announces Audited Consolidated and Parent Earnings Results for the Year 2016; Provides Consolidated and Parent Earnings Guidance for the Year 2017
For the year, on parent basis, the company reported total revenue of VND 599,809 million, against VND 421,235 million a year ago. Profit before tax was VND 17,133 million, against VND 12,459 million a year ago. Profit after tax was VND 12,312 million, against VND 10,579 million a year ago.
For the year 2017, on consolidated basis, the company expects total revenue of VND 850,168 million. Profit before tax is expected to be VND 29,256 million. Profit after tax is expected to be VND 22,377 million.
For the year 2017, on parent basis, the company expects total revenue of VND 836,978 million. Profit before tax is expected to be VND 30,412 million. Profit after tax is expected to be VND 23,822 million.