In Q2 2025, several real estate companies witnessed significant fluctuations in revenue and profit. Hodeco (HDC) reported a 53% drop in net revenue to 80 billion VND, yet its net profit rose by 15% to nearly 58 billion due to a surge in financial revenue. CEO Group (CEO) achieved an 8% increase in revenue to 421 billion VND, with net profit skyrocketing by 118%. Conversely, Hoàng Quân (HQC) recorded a negative revenue of nearly 11 billion due to returns but still achieved a net profit of 4.9 billion, down 54% year-on-year. Lideco (NTL) experienced a 99.6% decline in revenue but managed to report a net profit of nearly 2 billion thanks to high financial revenue. In this context, financial revenue appears to be a lifeline for these companies during tough times.
Leave a Reply