CII expects to increase gained profit in October 2009

VNStockNews.com - HCM City Infrastructure Investment and Development Joint Stock Co (coded CII) announced to earn additional 102.6 billion dong of pre-tax profit up to October 28, thanks to the company's investment portfolio restructure for HOSE-listed shares and paid dividend payment, as well as results from transferring shares with foreign partners.

After restructuring the investment portfolio, basing on the closing price on October 28, the value of its remaining listed shares increased by 137 billion dong compared with initial investment value. The company committed to actualise profit from the securities investment items on schedule.

In early November 2009, the company is supposed to hold a discussion with securities companies, fund management companies and international and domestic investment funds to introduce about CII's business results and operation plan in the coming years, in which the infrastructure developer aims to gain pre-tax profit in 2010 and 2011 of 510 billion dong and 760 billion dong respectively.