Cotec Investment and Land-House Development Joint Stock Company Announces Board Changes; Announces Audited Consolidated Earnings Results for the Year 2017; Provides Consolidated Earnings Guidance for the Year 2018
The company announced audited consolidated earnings results for the year 2017. For the year, the company reported total revenue of VND 712,238 million against VND 619,578 million a year ago. Profit before tax was VND 9,620 million against VND 20,309 million a year ago. Profit after tax was VND 1,653 million against VND 13,924 million a year ago.
For the year 2018, on consolidated basis, the company expects total revenue of VND 488,565 million, profit before tax of VND 9,579.6 million and profit after tax of VND 7,663.7 million.