VNStockNews.com - Real estate developer Hoang Anh Gia Lai (HAG) has targeted profits this year of VND1.7 trillion (US$81 million), a figure essentially unchanged from last year's target.
In addition to its traditional operations, the group projects earnings from rubber and sugar processing, with rubber plantations in Viet Nam, Laos and Cambodia totalling 51,000ha.
The company expects to begin producing its first rubber latex in Laos by July and will put a sugar mill into operation in the fourth quarter of this year with a capacity of 7,000 tonnes per day.
