Phuoc Hoa Rubber Corporation (PHR) reported a post-tax profit of VND 197.45 billion in the first half of 2025, up 32.7% year-on-year. Revenue from rubber products increased by VND 69.16 billion, supported by high prices, which helped expand profit margins. Additionally, the industrial real estate segment is beginning to develop with revenue of VND 14.48 billion. Notably, PHR is expected to realize VND 200-250 billion per year in land compensation from the mega project of North Tan Uyen Industrial Park 1, which has a total investment of $3 billion on an area of 786 hectares. A significant portion of profits comes from land handover and compensation receipts, enabling PHR’s Board of Directors to gain substantial historical project revenues like VSIP III. PHR currently manages a large land bank of over 16,500 hectares in Binh Duong and over 5,000 hectares will be converted to industrial land.
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