Cen Land, a real estate joint stock company, has announced its Q1/2025 financial report showing a net revenue of 154.3 billion VND, down 68.7% year-on-year. The after-tax profit dropped to 3.1 billion VND, a decrease of 60.9% from the previous year. Despite positive trends in the real estate market, some projects did not record brokerage revenue, leading to a decline in both revenue and profit. As of the end of Q1, the company’s total assets were over 7.289 trillion VND. Cen Land aims for a net revenue of 4.150 trillion VND and a pre-tax profit of 300 billion VND in 2025. The company is also focusing on developing social housing and plans to establish a college for real estate management.
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