The 2023 financial report of CDO Parent Company reflects the company’s financial status in various aspects. Revenue for the year reached 500 billion VND, a 10% increase compared to the previous year. Net profit was 80 billion VND, with a profit margin of 16%. Operating expenses rose slightly, mainly due to scaling up and investing in new technology. The company’s fixed assets are currently valued at 200 billion VND, making up a significant portion of the total assets of 600 billion VND. Cash flow from operating activities remains stable, with positive free cash flow. The company has also enhanced financial risk management to safeguard capital. For 2024, the company aims for a 12% revenue growth and a net profit of 90 billion VND. It is considering expanding into international markets and investing in new sectors for sustainable growth.
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