At the conference, TRACODI (TCD) has provided the investors an overview of the company as well as its business plans and ongoing projects, along with stock valuation conducted by Ho Chi Minh City Securities Corporation (HSC) Research Department.

In 2016, TCD has reported positive business results with a total revenue of 835 billion VND – fulfilling 103% of annual planning; after-tax profit of 61 billion VND, exceeding 27% of annual planning and 139% up from 2015. Regarding the company’s revenue structure, quarrying accounts for the largest contribution at 36%, then construction at 29%, exports & imports at 18%, services at 5% and lastly, others at 13%.

Some other highlights of TCD’s future plans include promoting quarrying at ANTRACO Joint Venture; upgrading and expanding Interstates 830 & 824 at Duc Hoa, Ben Luc, Long An Province; the Offices and Residential Complex on Cach Mang Thang 8 Street, District 1, Ho Chi Minh City; developing, constructing, upgrading and expanding Nguyen Huu Tri Road, Long An; and Cu Chi Trace Centre.

TCD is currently fulfilling the procedures to be listed on Ho Chi Minh City Stock Exchange (HSX) in April, 2017 and has been valued by HSC at 17,222 VND per share. At the moment, TCD shares are being traded on OTC market at around 14,000 VND per share.

Mr. Nguyen Tran – TRACODI representative presenting about TCD’s business plans and projects

Mr. Hoang Phuong – Head of HSC’s Research Department presenting about TCD valuation

Investors at the conference