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LGL - Projects in HCMC and Hanoi to boost 2017-2019 results - Visit Note

We recently met the company’s CEO and learned the following: Business results in 2017-2019 should rebound strongly from poor performances in previous years due to revenue from two projects in HCMC and Hanoi. LGL estimates total revenue and NPAT from those projects at VND3 trillion (USD132 million) and VND300 billion (USD13.2 million), respectively, which will be recorded over 2017-2019.