Completion of Share Offer to Shareholders, Dat Xanh Raises Over 1,800 Billion VND

Dat Xanh Group (DXG) has completed the public share offering of 150.1 million shares to 20,338 investors, netting over 1,801 billion VND after expenses. The offering took place from January 14 to February 28, 2025, at a price of 12,000 VND per share, increasing its charter capital from 7,224.5 billion VND to 8,725.9 billion VND. The proceeds will be used to invest in Ha An Real Estate Investment and Trading Company and settle financial obligations. In Q4/2024, Dat Xanh reported revenue of nearly 1,529.5 billion VND, up 7.8% year-on-year, with a net profit of 209.8 billion VND, significantly higher than 653.6 million VND in Q4/2023. For the whole year 2024, total revenue reached approximately 4,733.2 billion VND, growing by 27% compared to last year, with after-tax profit exceeding 454.2 billion VND, up 202.4%. By the end of 2024, Dat Xanh surpassed its revenue and profit targets.