Saigon Thuong Tin Real Estate Joint Stock Company (TTC Land) has just announced its financial report for the third quarter of 2025, reporting revenue of 431 billion VND, an increase of 234% compared to the previous year. Gross profit reached 244 billion VND, with a gross profit margin of 56%, high in the real estate sector. Revenue for the first nine months of the year was 950 billion VND, with a pre-tax profit of 67 billion VND, exceeding this year’s plan by 118% for revenue and 134% for profit. By the end of September 2025, TTC Land’s total assets reached 13,018 billion VND, and total liabilities were 7,523 billion VND. TTC Land expanded cooperation with Thanh Thanh Cong Industrial Park Company to develop a 42ha residential area project in Tay Ninh, marking a strategic move to satellite towns. For the period of 2026-2027, TTC Land aims to maintain high profit margins and increase rental revenue, aiming for balanced development.
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