FLC targets over US$47.71 million in pre-tax profit in 2021

March 31, 2021 - 18:02

FLC Group Joint Stock Company expects to achieve more than VNĐ1.1 trillion (US$47.71 million) in pre-tax profit in 2021.

FLC Halong Bay Golf Club and Luxury Resort. — Photo FLC. vn

HÀ NỘI — FLC Group Joint Stock Company expects to achieve more than VNĐ1.1 trillion (US$47.71 million) in pre-tax profit, and over VNĐ15 trillion in consolidated revenue this year, the group has said.

The enterprise will organise a shareholders’ meeting on April 12, during which it will seek shareholders’ approval to develop and roll out nearly 20 realty projects nationwide.

Outstanding urban property projects include FLC Premier Parc (Hà Nội), FLC Tropical Halong (Quảng Ninh), FLC Legacy Kontum (Kon Tum), FLC La Vista Sadec (Đồng Tháp), and FLC Hilltop Gialai (Gia Lai).

Regarding resort property, FLC will carry out the second phases of FLC Quảng Bình and FLC Vĩnh Phúc, and FLC Hà Giang eco-tourism resort.

The group is planning to add nearly VNĐ5 trillion to its charter capital for development of property projects.

Last year, the group recorded VNĐ13.5 trillion in consolidated revenue, before-tax profit of over VNĐ421 billion, and after-tax profit of nearly VNĐ308 billion.

In the second half of 2020, FLC completed the construction of FLC Grand Hotel Quy Nhơn and FLC Sea Tower Quy Nhơn.

FLC’s stocks were allowed with margin trading again in March. Meanwhile, Bamboo Airways, owned by FLC, is planning to list its shares on the stock exchange in the third quarter of 2021. — VNS

Việt Nam needs $14 billion to develop EV charging stations

Economy

Incentive mechanisms needed for semiconductor industry: PM

Economy

Hà Nội honours 36 key industrial products

Economy

CPTPP, UKVFTA to boost UK – Việt Nam trade relations

Economy

EVN signs contract for national grid power supply project for Côn Đảo

Economy

Canada Brand campaign begins

More on this story

Economy

Report forecasts rosy economic prospects for ASEAN+3 region

ASEAN and some of the bloc's closest trading partners have been forecast to enjoy an economic expansion of 6.7 per cent this year and 4.9 per cent in 2022.

Economy

HDBank profits top $251.8m, income from services up by half

The HCM City Development Joint Stock Commercial Bank has reported a pre-tax profit of VNĐ5.82 trillion (US$251.8 million) for last year, up 15.9 per cent from 2019.

Economy

Gov't needs to provide more support for SMEs in taking advantage of the EVFTA

The Government should develop more policies for Vietnamese small and medium enterprises (SMEs) to help them take advantage of the EU–Việt Nam Free Trade Agreement (EVFTA), according to experts.

Economy

Many banks to pay dividends in shares

Many banks have announced their dividend payout plan in shares to raise capital and improve competitiveness amid the prolonged COVID-19 pandemic.

Economy

Trade surplus in Q1 reaches more than $2 billion

The country's export turnover increased 22 per cent to reach US$77.34 billion in the first quarter, while the trade surplus was estimated at $2.03 billion.

Economy

New strategy to place priority on green growth

The Ministry of Planning and Investment is drafting a national green growth strategy and plans to submit it to the Government by June to accelerate the transition towards a carbon-neutral economy in Việt Nam.

Economy

Đà Nẵng’s adjusted planning draws investors’ interest

Eleven large corporations have registered to study investment in areas in Đà Nẵng after the central city announced information on its adjusted planning by 2030 with vision until 2045 at a ceremony on Monday.

Economy

Newly-established firms down in Q1

Việt Nam had 29,300 newly-established enterprises with total registered capital of VNĐ447.8 trillion in the first quarter of this year, according to the General Statistics Office (GSO).