ducvt
02-12-2014, 03:05 PM
The State Securities Commission has granted Kinh Bac Urban City (KBC) a licence to issue bonds worth VND1.2 trillion (US$56.3 million). The property developer earlier reported that in the third quarter of 2014, its revenues reached VND360 billion ($16.9 million) while its profits reached VND128.6 billion ($6 million).
The company reported a loss of VND58 billion ($2.7 million) during the same period last year. Land leasing at industrial zones have significantly contributed to its profits so far this year. KBC yesterday closed unchanged at VND16,700 per share.
The company reported a loss of VND58 billion ($2.7 million) during the same period last year. Land leasing at industrial zones have significantly contributed to its profits so far this year. KBC yesterday closed unchanged at VND16,700 per share.