Phat Dat announces an increase in its 5-year accumulative net profit before tax for tỷ lệ cá cược bóng đá trực tuyến period of 2019-2023 to vnd 14,270 billion from vnd 11,850 billion

Phat Dat Real Estate Development Corporation (Ticker : PDR) continues to make tỷ lệ cá cược bóng đá trực tuyến market "tumultuous" after announcing tỷ lệ cá cược bóng đá trực tuyến leapfrog of its earnings target. At a recent company’s event, Mr. Nguyen Van Dat –Chairman of tỷ lệ cá cược bóng đá trực tuyến BOD, announced PDR's updated financial plan for long-term development. Accordingly, Phat Dat increases its targeted 5-year accumulated profit to VND 14,270 billion (2019-2023), from tỷ lệ cá cược bóng đá trực tuyến former VND 11,850 billion target, resulting in tỷ lệ cá cược bóng đá trực tuyến new CAGR of 51% instead of 38%.

PDR's adjustments of profit before tax target in tỷ lệ cá cược bóng đá trực tuyến period of 2019-2023

tỷ lệ cá cược bóng đá trực tuyến announcement, amidst tỷ lệ cá cược bóng đá trực tuyến severe impacts of Covid-19 on tỷ lệ cá cược bóng đá trực tuyến real estate market and overall economy, has received profound attention from tỷ lệ cá cược bóng đá trực tuyến business community. As of 21/09/2020, PDR has reached VND 14,866 billion in market capitalization, a 173% increase since tỷ lệ cá cược bóng đá trực tuyến beginning of tỷ lệ cá cược bóng đá trực tuyến year. Thus,  tỷ lệ cá cược bóng đá trực tuyến progressive accomplishment of PDR’s overall business performance has given credence to tỷ lệ cá cược bóng đá trực tuyến feasibility of achieving breakthrough targets.

In 2019, Phat Dat achieved VND 1,105 billion in profit before tax. Such an  achievement has further cemented a concrete foundation for PDR to confidently elevate tỷ lệ cá cược bóng đá trực tuyến growth rate during tỷ lệ cá cược bóng đá trực tuyến 5-year plan of 2019-2023 (set for creating "tỷ lệ cá cược bóng đá trực tuyến New Era" with breakthrough achievements.)

Since tỷ lệ cá cược bóng đá trực tuyến beginning of 2020, as a consequence of severe impacts from Covid-19, tỷ lệ cá cược bóng đá trực tuyến real estate market has been unpredictable, and even big businesses are presented with unavoidable adverse effects. However, during April’s Annual General Meeting of Shareholders, Phat Dat still affirmed continuing business operations expansions as planned, preparing internal resources & approaching plans to tackle new challenges, and confidently ensuring tỷ lệ cá cược bóng đá trực tuyến growth targets.

Per reviewed financial statements of tỷ lệ cá cược bóng đá trực tuyến first six months of 2020, Phat Dat has earned VND 463 billion gross profit, increasing 19% YoY. Current projects have been implementing as scheduled. Notably, all low-rise units of Zone 2 and Zone 9, forming a part of Nhon Hoi Ecotourism City (Quy Nhon City, Binh Dinh province), have been successfully sold out to tỷ lệ cá cược bóng đá trực tuyến market. Thus their corresponding revenue and profit can be recorded. According to PDR's BOD, these outcomes alone have made tỷ lệ cá cược bóng đá trực tuyến revenue and profit targets for 2020.

Simultaneously, Phat Dat’s land bank acquisition has progressed optimistically. Presently, PDR’s total landholdings reach over 450 hectares across many localities with development potentials, having transparent legal status, and readiness for deploying projects in Ba Ria Vung Tau Province, Binh Duong Province, and Da Nang City, etc.

Nhon Hoi Ecotourism City in Binh Dinh province – one of tỷ lệ cá cược bóng đá trực tuyến ongoing big projects of Phat Dat

tỷ lệ cá cược bóng đá trực tuyến positive outcomes not only guarantee a strong financial condition supporting tỷ lệ cá cược bóng đá trực tuyến current business operations but also place Phat Dat with more opportunities for raising optimal capital.

With such developments, tỷ lệ cá cược bóng đá trực tuyến BOD’s decision to increase tỷ lệ cá cược bóng đá trực tuyến set targets was obvious. Moreover, Mr. Nguyen Van Dat further added that PDR implants other well-devised ongoing plans, and as such would have more surprising breakthroughs awaiting in tỷ lệ cá cược bóng đá trực tuyến time to come.

In evaluating PDR's business performances, in addition to Group’s high growth rate, tỷ lệ cá cược bóng đá trực tuyến market observers are convinced by tỷ lệ cá cược bóng đá trực tuyến PDR’s consistent adherence to sustainable development criterion. Per strategy for "tỷ lệ cá cược bóng đá trực tuyến New Era,” to enable stable, strong leap growth, Phat Dat advocates a harmonious balance of product diversification strategy, continual development of new projects delivering high efficiency and high certainty cash flows, and financial stability. To achieve this, Phat Dat has invested substantially in human resources, corporate governance, and information technologies.

Phat Dat is focusing on enhancing internal strengths – one of tỷ lệ cá cược bóng đá trực tuyến most important factors that guarantee tỷ lệ cá cược bóng đá trực tuyến Speed and Sustainability development criteria

Phat Dat has just celebrated its 16th establishment anniversary,10th anniversary listing on HOSE, and tỷ lệ cá cược bóng đá trực tuyến market expansion from HCMC to Da Nang, Quang Ngai, Binh Dinh, Binh Duong, Dong Nai, Ba Ria Vung Tau, Phu Quoc, etc.

tỷ lệ cá cược bóng đá trực tuyến remarkable growth results in 2019 made Phat Dat one of tỷ lệ cá cược bóng đá trực tuyến six Vietnamese companies on tỷ lệ cá cược bóng đá trực tuyến 200 Asia's Best Under A Billion list, surpassing 18,000 other listed companies in tỷ lệ cá cược bóng đá trực tuyến Asia-Pacific region. Most recently, Phat Dat also won tỷ lệ cá cược bóng đá trực tuyến Bronze Stevie® Award of Achievement in Growth category of tỷ lệ cá cược bóng đá trực tuyến International Business Awards®.

Phat Dat is one of twenty companies listed in tỷ lệ cá cược bóng đá trực tuyến VNSI 20 - Vietnam Sustainability Index with 20 enterprises. PDR is among tỷ lệ cá cược bóng đá trực tuyến top 5 listed companies included in tỷ lệ cá cược bóng đá trực tuyến next review for VN30 - 30 largest stocks by market capitalization on HOSE. Additionally, Phat Dat has ranked 24th in TOP 500 Fastest-Growing Enterprises in Vietnam 2020 by Vietnam Report and 6th amongst tỷ lệ cá cược bóng đá trực tuyến 2019 Vietnam's TOP 50 Best-performing Companies by Nhip Cau Dau Tu magazine and Thien Viet Securities JSC.

Phat Dat completed two dividend payments in 2019 (with a ratio of 13% by stock and 12% by cash). Recently, Phat Dat has also announced tỷ lệ cá cược bóng đá trực tuyến plan for advance stock dividend payment with a ratio of 7% for financial performance in tỷ lệ cá cược bóng đá trực tuyến first half of 2020.