Transport heavyweight Deo Ca estimates Q1 profit up 33%

Transport heavyweight Deo Ca estimates Q1 profit up 33%

Deo Ca Transport Infrastructure Investment JSC, a subsidiary of “tunnel king” Deo Ca Group, expects its revenues and profit in the first quarter of 2024 to reach VND674 billion ($26.8 million) and VND109 billion ($4.34 million), up 25% and 33% year-on-year, respectively.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Tunnel king Deo Ca, S Korean firm to build two railway tunnels

Tunnel king Deo Ca, S Korean firm to build two railway tunnels

A consortium of Vietnam construction giant Deo Ca and South Korea’s IlSung Vietnam Co., Ltd has won a VND552 billion ($22.7 million) contract to build two tunnels on the Hanoi-Ho Chi Minh City railway route.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Transport heavyweight Deo Ca estimates 2023 profit 9% higher than target

Transport heavyweight Deo Ca estimates 2023 profit 9% higher than target

Deo Ca Transport Infrastructure Investment JSC, a subsidiary of “tunnel king” Deo Ca Group, expects its 2023 profit to reach VND370 billion ($15.2 million), up 24% year-on-year and exceeding the plan by 9%.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Transport infrastructure development a huge opportunity for Deo Ca: exec

Transport infrastructure development a huge opportunity for Deo Ca: exec

Deo Ca Group foresees huge business opportunities in transport infrastructure development in Vietnam for the company and other private investors, said general director Ngo Truong Nam.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, Laos to boost connectivity via ports, railways, roads

Vietnam, Laos to boost connectivity via ports, railways, roads

Vietnam and Laos have agreed to boost their connectivity by implementing several key projects including seaports, roads and railway routes.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Transport infrastructure firm Deo Ca prioritizes core business

Transport infrastructure firm Deo Ca prioritizes core business

Deo Ca Traffic Infrastructure Investment JSC (HHV) plans to continue focusing on transport infrastructure development despite its modest profit margin of 15%, said chairman Ho Minh Hoang.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7