tỷ lệ bóng đá đức Chairman of Phat Dat Real Estate Corporation (PDR): Hitting 30% profit growth at least in next 3 years

Solid foundation for  targeted 319%, revenue growth and capital mobilization measures as well as other keynotes were shared with tỷ lệ bóng đá đức investors and mass media by tỷ lệ bóng đá đức leader of Phat Dat Real Estate Development (PDR) in tỷ lệ bóng đá đức afternoon of 27th March.

tỷ lệ bóng đá đức meeting was held within tỷ lệ bóng đá đức framework of tỷ lệ bóng đá đức 2019 Annual Shareholders’ Meeting (ASM) arranged by PDR on 30th March in Ho Chi Minh City. Accordingly, tỷ lệ bóng đá đức key focal points were tỷ lệ bóng đá đức impressive revenue and profit targets. Particularly, tỷ lệ bóng đá đức 2019 net revenue and profit before tax were projected to reach VND 9,000 billion and VND 1,000 billion, increased by 319% and 30.9% respectively, compared to 2018.

Despite facing myriads of challenges in tỷ lệ bóng đá đức real estate market as well as from major players in tỷ lệ bóng đá đức industry, it is strongly believed that Phatdat will successfully fulfill tỷ lệ bóng đá đức set targets, Mr. Nguyen Van Dat, Chairman cum CEO, unveils.

Accordingly, this year is expected to obtain approximately VND 9,000 billion from 4 projects, including Phat Dat Bau Ca Project in Quang Ngai; Nhon Hoi Project in Binh Dinh and tỷ lệ bóng đá đức EverRich 2 & 3 in HCMC. tỷ lệ bóng đá đức 2019 revenue target is successfully fulfilled by tỷ lệ bóng đá đức 4 aforesaid projects alone.

With tỷ lệ bóng đá đức EverRich 2 & 3 (located at District 7, HCMC), tỷ lệ bóng đá đức Company still continues fulfilling tỷ lệ bóng đá đức legal procedures for transferring tỷ lệ bóng đá đức project during tỷ lệ bóng đá đức course of this year. tỷ lệ bóng đá đức successful sales of Phat Dat Bau Ca Residential Area project, covering an area of 7.7 hectares, located right in tỷ lệ bóng đá đức center of Quang Ngai City, were closed in April 2019. For Nhon Hoi Urban Area project of over 116 ha, tỷ lệ bóng đá đức opening sales of Zone 4 is expected to launch upon completion of investment procedures and infrastructure construction while tỷ lệ bóng đá đức auctioning procedures of tỷ lệ bóng đá đức remaining zones are being carried out.

Moreover, a series of projects are launched such as Bac Ha Thanh Residential Area (Binh Dinh), covering tỷ lệ bóng đá đức area of 55.7 hectares. tỷ lệ bóng đá đức investment procedures, compensation for site clearance and master planning are being executed; 02 Phu Quoc-based projects, covering an area of nearly 180 hectares, are being executed within tỷ lệ bóng đá đức framework of legal procedures and master planning.

“Currently, PDR has several projects with very high cash flow turnover, approximately within 06 months for investment capital turnover. Thus, PDR's financial ground is solid for tỷ lệ bóng đá đức period of 2021 - 2022. Obviously, tỷ lệ bóng đá đức VND 1,000 billion profit before tax target is certainly within reach and tỷ lệ bóng đá đức next 03 years will mark a minimum profit growth of 30%”, shared by tỷ lệ bóng đá đức Chairman of PDR.

Regarding BT projects, Mr. Dat unveiled that BT contract for Phan Dinh Phung Sport Center located at District 3 is being signed preliminary while tỷ lệ bóng đá đức Co Dai Project located in District 9 is under construction. Thus, Cu Lao Ba Sang land area, to be developed as an eco-tourism resort, is expected to be handed over as a result. For Thu Thiem Bridge Project (HCMC), tỷ lệ bóng đá đức local authority has provided Phat Dat with 620-168 pre-development project studies. Thanks to that, Phatdat may obtain tỷ lệ bóng đá đức bidding advantages.

tỷ lệ bóng đá đức apartment market remains tỷ lệ bóng đá đức key force of Phat Dat as unveiled by Mr. Dat. However, current market offers high cash flow turnover from landed property products, resulting in Phat Dat to diversify our product portfolio by penetrating to tỷ lệ bóng đá đức non-HCMC markets such as Quang Ngai, Binh Dinh, Da Nang, etc.

tỷ lệ bóng đá đức plan to issue new shares will be approved in tỷ lệ bóng đá đức next meeting. Accordingly, a minimum of 20 million shares will be issued to call for investors looking to long term investment of 3-5 years time spectrum. Currently, Phat Dat is dealing closely with investors and this is expected to be completed within June.