In the 2025 Annual General Meeting, Refrigeration Electrical Engineering Corporation (REE) announced a revenue target of 10.248 trillion VND, up 22% from 2024, with a projected after-tax profit of 2.427 trillion VND. The real estate sector is expected to see a remarkable profit growth of 60%, mainly from office leasing and projects along the Metro system in Ho Chi Minh City. REE holds an investment in International Bank (VIB) with a 60% profit margin, having no plans to divest in the short term. While the energy sector faces many challenges, REE continues to maintain a stable dividend of 25%. The company also announced leadership changes, with Ms. Mai Thanh returning as CEO. The business outlook for 2025 is optimistic due to supportive government policies.
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