April 25, 2018 12:57 AM ET

Water Utilities

Company Overview of Thu Duc Water B.O.O. Corporation

Company Overview

Thu Duc Water B.O.O. Corporation engages in the supply of bulk treated water to Saigon Water Corporation. The company is based in Ho Chi Minh City, Vietnam.

479 Hanoi Highway

Linh Trung Ward

Thu Duc District

Ho Chi Minh City,  84 8 3722 4672

Vietnam

Phone:

84 8 3722 4683

Key Executives for Thu Duc Water B.O.O. Corporation

Thu Duc Water B.O.O. Corporation does not have any Key Executives recorded.

Thu Duc Water B.O.O. Corporation Key Developments

Thu Duc Water B.O.O Corporation Announces Audited Earnings and Operating Results for the Year Ended December 31, 2017

Thu Duc Water B.O.O Corporation announced audited earnings and operating results for the year ended December 31, 2017. For the year, the company reported revenues of VND 329,507,000 against VND 320,158,000 a year ago. EBITDA was VND 218,883,000 against VND 212,337,000 a year ago. Net income was VND 104,056,000 against VND 100,411,000 a year ago. For the year, the company reported billed volume of 110.9 million cubic meters against 110.2 million cubic meters a year ago, rising slightly from 110.2 mcm billed volume in the same period last year. The growth was due to the higher water intake of Saigon Water Corporation (SAWACO).

Thu Duc Water B.O.O Corporation Reports Unaudited Earnings Results for the Six Months Ended June 30, 2017

Thu Duc Water B.O.O Corporation reported unaudited earnings results for the six months ended June 30, 2017. For the period, the company reported revenue of VND 159,805,000 against VND 156,464,000 a year ago. EBITDA was VND 109,577,000 against VND 104,094,000 a year ago. Net income was VND 54,202,000 against VND 47,842,000 a year ago.

Thu Duc Water B.O.O Corporation Announces Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2017

Thu Duc Water B.O.O Corporation announced unaudited earnings and operating results for the first quarter ended March 31, 2017. For the quarter, the company reported revenues of VND 79,199 million compared to VND 76,513 million a year ago. EBITDA was VND 54,056 million compared to VND 51,889 million a year ago. Net income was VND 26,274 million compared to VND 23,512 million a year ago. Under Vietnamese Accounting Standards, revenues grew by 4% while operating expenses increased by 2% due to higher maintenance costs. This led to a 4% improvement in EBITDA and a 12% increase in net income. The company sold a total of 27.2 mcm in the first quarter of 2017, rising by 3% from the 26.3 mcm billed volume in the same period last year. The growth was due to the higher water intake of Saigon Water Corporation.

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