KBC invests nearly 11.5 trillion VND in Phu Binh Industrial Park project in Thai Nguyen

KBC’s Phu Binh Industrial Park project, totaling nearly 11.5 trillion VND, has been approved by Thai Nguyen province. The project spans 50 years over 675 hectares in Phu Binh, Kha Son, and Tan Thanh communes. Implementation will take 60 months from land allocation. This industrial park aims to attract high-tech, automation, and environmentally friendly industries. In Q2 2025, KBC reported a net profit of 402 billion VND despite a 35% drop in revenue, driven mainly by increased income from industrial park leasing. This growth is accompanied by a substantial rise in total debt, exceeding 44,605 billion VND. KBC aims for consolidated revenue of 10 trillion VND and a profit of 3.2 trillion VND in 2025.

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