Urban Industrial Development Joint Stock Company No. 2 (D2D) has announced its Q2 2025 financial report showing revenue of 551.5 billion VND, an increase of 1,908% year-on-year, and a net profit of 206.82 billion VND, the highest since its listing in 2009. For the first half of the year, total revenue reached 643.54 billion VND, up 1,108% from the previous year, largely due to land transfer revenue from Châu Đức Industrial Park. The company has completed 97% of its revenue target and exceeded its profit target by 22% for 2025. In addition to signing a land lease transfer contract worth 246 billion VND, D2D also contributed 214.5 billion VND to establish Sonadezi Khánh Hòa Joint Stock Company to implement the Ninh Diêm 3 Industrial Park project in Khánh Hòa. On the stock market, D2D shares increased by 4.6% in the July 21 trading session, with a market capitalization of 1,165 billion VND.
Leave a Reply