Song Da Urban targets VND 74.8bn profit after capital raise
Song Da Urban Investment Construction and Development Joint Stock Company is seeking shareholder approval to increase charter capital to VND 300bn, issuing 10m new shares at VND 15,000 each to existing shareholders.
The VND 465bn capital injection will fund projects including the Green Diamond Independent Housing Project and Song Da - Hoa Binh New Urban Area Project.
The company reported 2024 pre-tax profit of VND 5.6bn and targets VND 130bn net revenue and VND 74.8bn pre-tax profit for 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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