Song Da Urban and Industrial Zone Investment and Development JSC announced the year's business target, including a turnover of 2.3 trillion dong (US$121.05 million), an increase over last year of 74 percent.

The company projected a profit of one trillion ($52.6 million), 16 percent more than last year, by continuing to invest in Nam An Khanh Residential Area. It will also continue other residential areas, such as Tien Xuan, My Dinh-Me Tri, Song Da-Ha Long.

The company achieved a turnover of 1.33 trillion dong ($70 million) last year, as well an after-tax profit of 728.23 billion dong ($38.3 million), which resulted in a dividend payment of 20 percent in both cash and stocks.

(Source: Intellasia)