IDICO - Big industrial park player launches IPO - IPO Note

Company Research

21 Sep 2017

IDICO is expected to maintain a stable project pipeline, driven by a favorable macroeconomic environment and industry outlook, with economies of scale, an integrated value chain and a track record of delivering large scale and complex projects. Management forecasts a consolidated revenue CAGR of 4.0% over 2017-2019. A 4.0% revenue decline in 2016 to VND4.4 trillion (USD194 million) was due to share sell- downs of the Dak Mi 4 and Dak Mi 4C hydropower plants.
Tags: IDC

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