Dat Phuong Group wins tender to build Day River bridge

August 11, 2023

HCMC – Dat Phuong Group JSC, which trades its DGG shares on the Hochiminh Stock Exchange, announced that it has won a tender to construct a bridge crossing the Day River in northern Vietnam. Dat Phuong Group has also been carrying out several important bidding packages, such as the Nhat Le 3 bridge, another one for the coastal road through Thua Thien-Hue Province, and a bridge over Thuan An inlet. Regarding the business performance, Dat Phuong Group made VND1,159 billion in net revenue in the first half of 2023, down 13% year-on-year. Dat Phuong Group set a consolidated revenue target of VND3,436 billion and an after-tax profit target of VND287.6 billion for 2023. VIC closed the trading session at its daily ceiling price, VND72,600 per share, up 6.9% day-on-day, marking a record high in over a year.

The source of this news is from The Saigon Times