FLC posts US$19 million profit for 2014

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Property developer FLC Group (FLC) posted an aggregate profit of VND400 billion (US$19 million) for the whole of 2014, registering a 15 per cent year-on-year increase.

HA NOI (Biz Hub) – Property developer FLC Group (FLC) posted an aggregate profit of VND400 billion (US$19 million) for the whole of 2014, registering a 15 per cent year-on-year increase.

FLC's Deputy General Director Huong Tran Kieu Dung said that in the last quarter of 2014 alone, its pre-tax profit was VND100 billion, while the turnover from real-estate sales contributed considerably to the profit amount. The figures are expected to be the foundation for higher turnover and profit this year.

FLC has implemented several projects such as FLC Samson Beach and Golf Resort and FLC Complex Thanh Hoa. — VNS


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