FLC targets 163 pct profit growth

13/04/2021 09:29 8

FLC targets 163 pct profit growth

FLC Group has set a pre-tax profit target of VND1.1 trillion ($48.2 million) for 2021, a 163 percent increase over last year. -

At its annual general meeting Monday, the private conglomerate, which has interests ranging from property development to aviation, also announced a revenue target of VND15.2 trillion.

FLC was forecast to suffer a loss of VND2 trillion in 2020 due to the Covid-19 pandemic, but it turned in a pre-tax profit of VND421 billion on revenues of VND13.5 trillion.

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