Business Tycoon in Debt

CTCP Tập đoàn Đức Long Gia Lai (DLG) has announced ambitious plans to wipe out bad debts, aiming for annual growth in revenue and profit of over 20%. DLG is committed to repaying all bank debts, completing 70% of overdue debts by the end of 2025. The company has transferred shares in CTCP BOT & BT Đức Long Đăk Nông to enhance financial resources for business restructuring. In the 2026-2030 phase, DLG will focus on two core areas: energy (wind and solar power) and transportation infrastructure, planning to invest in the North-South expressway. Despite facing a cumulative loss of over 2,456 billion VND and total debt of 3,473 billion VND, DLG seeks government support to realize major projects, with hopes that 2026 will be a pivotal year to restore and sustainably develop.

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