Accumulated in 2017, Vingroup achieved net sales of VND 90,355 billion – an increase of 57% over the same period last year. Profit after tax reached VND 5,440 billion, an increase of 55% compared to the previous year. Basic earnings per share in 2017 reached 1,729 VND.
Vingroup Corporation (VIC) released its consolidated financial statements for the 4th quarter of 2012 with net revenue of VND 33,189 billion, an increase of 45% over the same period last year. This is a record high revenue of VinGroup since its inception.
The main contributors to the business results in Q3 were real estate revenue of 24,512 billion dong, up by 38% YoY. Real estate revenue increased strongly thanks to large projects such as Park Hill, Vinpearl Phu Quoc, Vinpearl Nha Trang, Vinh Mai Central Park and Vinhomes Riverside – The Harmony were completed and handed over to customers.
Revenue from resort services and entertainment services reached VND 1,524 billion, up 112.3% over the same period last year, of which domestic and foreign tourists stayed in cities where Vinpearl was staying. . strong growth.
Revenue from retail, real estate investment; education and other sectors in the fourth quarter of 2017 maintained a good growth rate compared to the same period last year with an increase from 36.5% to 103%.
Vincom Group’s income structure in the fourth quarter of 2007
After deducting expenses incurred in the period, Vingroup recorded VND 2,676 billion profit after tax, an increase of 6.4 times compared to the previous quarter.
Accumulated in 2017, Vingroup achieved net sales of VND 90,355 billion – an increase of 57% over the same period last year. Profit after tax reached VND 5,440 billion, an increase of 55% over the previous year. Basic earnings per share in 2017 reached 1,729 VND.
In 2017, Vingroup achieved an after-tax profit of VND 3,000 billion, resulting in the company fulfilling 81% of the plan.
By the end of 2017, Vingroup’s total assets reached about VND 214,855 billion, an increase of VND 31,655 billion compared to the beginning of the year. Equity reached 52,306 billion dong.
In the fourth quarter of 2017, Vingroup’s business continued to grow strongly and gained high trust in the market. On December 5, 2017, Vingroup was ranked at the top of the Top 500 largest private enterprises in Vietnam in 2017 in the rankings released by Vietnam Report. Previously, on December 4, 4 brands of Vinhomes, Vincommerce, Vinpearl and Vincom Retail also participated in the Top 50 brands of Vietnamese brands by Brand Finance.
On 6/11/2012, Vincom Retail – a member of Vingroup Group specializing in developing and exploiting Vincom shopping centers across the country, has listed shares on the Ho Chi Minh Stock Exchange. VRE became the 427th member on the Ho Chi Minh Stock Exchange and immediately became one of the 10 largest listed market capitalization companies. In the fourth quarter, Vincom Retail opened five new shopping centers, including Vincom Plaza and 3 Vincom +, bringing the total retail area to nearly 1.2 million m2, accounting for over 60% of the market share in Hanoi and the city. Ho Chi Minh. HCM. The total number of Vincom shopping malls nationwide as of December 31, 2017 reached 46 in 24 provinces.