Poor business results cast shadow over Vietnam real estate developers

Poor business results cast shadow over Vietnam real estate developers

A slew of Vietnamese property developers have reported poor business performance in the first months of this year despite signs of a recovery in the real estate market.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Real estate giant DIC Corp notches biggest quarterly loss since listing

Real estate giant DIC Corp notches biggest quarterly loss since listing

Development Investment Construction JSC (DIC Corp), among Vietnam’s top real estate developers, incurred a loss of VND117.2 billion ($4.62 million) in the first quarter of this year, marking its largest quarterly loss since floating shares in 2009.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam real estate major DIC Corp sees 33% post-audit net profit plunge

Vietnam real estate major DIC Corp sees 33% post-audit net profit plunge

Top real estate developer DIC Corp has seen its 2023 net profit drop 33% to VND112 billion ($4.49 million) after the audit of its consolidated financial statements.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese realty player DIC Corp guns for profit, capital base spikes

Vietnamese realty player DIC Corp guns for profit, capital base spikes

Development Investment Construction JSC (DIC Corp), among the top real estate developers in Vietnam, targets to earn VND1.01 trillion ($40.7 million) in pre-tax profit this year, up 508.9% year-on-year.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7