Lam Dong Investment slashes 2025 revenue target by 25%

Lam Dong Investment & Hydraulic Construction Joint Stock Company reported first-half parent revenue of VND 71.49 billion, achieving just 29% of its original plan.

The board approved major adjustments to its 2025 business plan, cutting the parent company's revenue target by 25% to VND 185 billion while raising consolidated revenue expectations by 10% to VND 1.313 trillion.

The company also approved liquidating old dump trucks from 2010 and investing in new vehicles.