Simco Song Da Co. to invest in Burma

VNStockNews.com - Simco Song Da Joint Stock Co (coded SDA) has recently announced business and production plan in 2010 with 508.03 billion dong of total business and production value, 262.16 billion dong of revenue and 42.9 billion dong of profit.

In Q1, SDA targets to reach 133.4 billion dong of total business and production value, 68.9 billion dong of revenue and 11.7 billion dong of profit.

In addition, in the first quarter this year, SDA will finish the construction for 45 villas to give customers, establish Yen Bai Mineral Exploitation Co to exploit Mo da (stone mine) and establish a mineral processing and exploration subsidiary in Burma with a total investment of 1.73 trillion dong.