On July 15, 2022, IDICO Corporation – JSC (IDICO, HNX: IDC) successfully hosted Analyst Tour 2022. With its theme of “IDC – Unleash great potential, strengthen leading position”, the event brought together 40 participants from leading securities and investment funds in Vietnam.
Analyst Tour 2022 also had the participation of IDICO’s Board of Directors including: Mr. Dang Viet Dung – Vice Chairman of SSG Group; Mr. Nguyen Hong Hai – Deputy General Director of IDICO Corporation; Mr. Phan Van Chinh – Deputy General Director of IDICO Corporation; Ms. Tran Thi Ngoc – Director of Finance and Accounting.
Participants visited Heineken Vietnam Brewery in My Xuan A Industrial zone
At the beginning of the event, IDICO invited analysts to visit My Xuan A IZ, Phu My 2 – Phu My 2 Expansion IZs and Nhon Trach IZ, which have the presence of many “queen bees” such as Heineken, Posco, Hwaseung... Participants got impressed by the well-constructed infrastructure, facilities and utilites of IDICO’s industrial zones.
Representatives of securities companies and investment funds were shared IDICO’s orientation in the period of 2022-2026. Accordingly, the corporation’s development strategy is to lean and modernize business model, focusing on 4 core fields: Industrial zones; Residental areas; Energy and Industrial services. Being a leading industrial developer with more than 20 years of experience, IDICO continues to develop industrial zones and ecological services that bring ESG values (Environmental, Social and Corporate Governance) for society.
Mr. Nguyen Hoang Cong, Representative of IR Department introduced IDICO and its orientation in the period of 2022-2026
Regarding business results in the period of 2022 – 2026, the total revenue is projected to grow from VND 7,971 billion in 2022 to VND 18,166 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.9%. While the profit before tax is forecast to reach VND 5,817 billion, growing at a compound annual growth rate (CAGR) of 20.9% during the forecast period.
At the meeting, the Board of Directors provided analysts with clear information about IDICO activities and management, plans to raise capital, competitive advantages of IDICO’s industrial zones and action plan of 4 key fields.
IDICO has been striving to build a 2-way channel which connects the community of analysts and investors. Analyst Tour 2022 proves the company’s efforts in further enhancing transparency, promoting a professional and open image about IDICO and IDC shares.
In the coming time, IDICO is aiming to provide transparent, complete and accurate information in accordance with the provisions of the law; promptly answer questions of shareholders and investors. Furthermore, the coporation continues to promote networking activities, build and strengthen relationship with investor and analyst communities, maximize the benefits of businesses, shareholders and employees.
Photos taken at Analyst Tour 2022