Cen Land transforms into real estate developer with bold goals
Cen Land is shifting from brokerage to development, targeting a 170% revenue increase and 424% profit growth in 2025.
In the first 10 months of 2017, FPT Corporation's after-tax profit reached VND2,226 billion (US$98.1 million), of which 72 per cent is accounted by the technology and telecom sectors.
According to FPT Corporation’s report, in the first 10 months of 2017, the Corporation’s consolidated revenue reached VND 34,966 billion (US$1.54 billion), a 10 per cent year-on-year increase.
FPT’s pre-tax profit reached VND2,645 billion (US$116.57 million), up 14 per cent year-on-year. Profit after tax reached VND2,226 billion (US$98.1 million), an 11 per cent increase over the same period last year.
FPT’s profit growth in the first 10 months was mainly contributed by two core sectors, namely Technology and Telecommunications, accounting for 72 per cent total profit.
Specifically, pre-tax profits of Technology and Telecommunication sectors showed an increase of 12 per cent and 8 per cent respectively over the same period last year.
FPT's overseas market earned the revenue of VND5,473 billion (US$241.2 million), an increase of 16 per cent compared to the same period in the previous year.
Pre-tax profit reached VND 850 billion (US$37.46 million), up 19 per cent year-on-year, accounting for nearly one-third of the Corporation's profit.
Cen Land is shifting from brokerage to development, targeting a 170% revenue increase and 424% profit growth in 2025.
Menas Group has entered a strategic partnership with Keppel to co-develop an integrated ecosystem of lifestyle services across Keppel’s real estate projects in Vietnam, beginning with the landmark Celesta City development in Saigon South.
Phuc Sinh’s expansion underscores Vietnam’s growing role in sustainable agriculture and its increasing appeal to global investors
PVI Asset Management (PVI AM) and SonKim Capital (SK Capital), a business unit of SonKim Group has announced a strategic collaboration to develop innovative real estate investment products tailored for institutional investors and high-net-worth individuals.
Filum AI has successfully raised $1 million in funding despite a challenging venture capital market, underscoring the potential of AI and shifting investment strategies.
Enterprises are advised to promptly assess and evaluate the impact of the changes in the newly-issued to ensure timely compliance in the upcoming tax finalization period.