Urban Development and Construction Corporation Announces Consolidated and Parent Earnings Results Fourth Quarter and Full Year of 2016; Provides Earnings Guidance for the Full Year of 2017
For the quarter, on consolidated basis, the company reported total revenue of VND 175,641,283,250, profit before tax of VND 44,899,117,664, profit after tax of VND 44,301,945,708.
For the year, on parent basis, the company reported total revenue of VND 915,095,584,751, profit before tax of VND 5,706,736,416, profit after tax of VND 5,706,736,416.
For the year, on consolidated basis, the company reported total revenue of VND 1,000,429,236,319, profit before tax of VND 7,881,709,282, profit after tax of VND 6,947,515,326.
For the full year of 2017, the company expects revenue to be VND 618.84 billion. Profit before tax is expected to be VND 18.47 billion (234% of 2016).