Phat Dat Adjusts Down Revenue and Profit for 2024, Plans Key Real Estate Projects in 2025

Phat Dat has revised down its 2024 revenue from 2,423 billion to 1,224 billion VND, and its after-tax profit from 522 billion to 155 billion VND. This decision was made to maintain financial stability and optimize benefits for shareholders. In 2025, Phat Dat will launch several key projects such as Thuận An 1 & 2 in Binh Duong, expected to sell in Q2 2025, Quy Nhơn Iconic in Binh Dinh, and the Q1 Tower project along the coast of Quy Nhơn, set to open for sale in April 2025, along with other premium projects in Ba Ria-Vung Tau and Da Nang. These projects aim for sustainable development and meet market demands.

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