Cho Lon Real Estate profits up 78 percent

Cho Lon Real Estate Joint Stock Co earned 3.37 billion VND (210,625 USD) in after-tax profits in the first quarter of this year, an increase of 77.8 percent over the previous year, according to report by the company.

Its net revenues from sales of goods and services reached 30 billion VND (1.9 million USD), up 1.81 percent over the previous quarter.

Last year, the company earned 82.7 billion VND in net revenues and 11.8 billion VND in after-tax profits. Earnings per share (EPS) reached nearly 8,000 VND.

VNA

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