According to the latest analysis from MBS Research, Vincom Retail (VRE) is forecasted to see a 16% profit increase in 2025 and 23% in 2026, primarily driven by the breakthrough in real estate transfers and stable growth in shopping center leasing. With over 90 shopping centers across 48 provinces, VRE benefits significantly from the Vingroup ecosystem. The company plans to open three new shopping centers in the latter half of 2025, including Vincom Megamall Ocean City, which is expected to boost revenue. The real estate transfer segment will also contribute significantly with two large shophouse projects set for delivery in 2026, leading to anticipated revenue growth from 8,800 billion VND in 2025 to nearly 13,800 billion VND in 2026, with a net profit reaching around 5,900 billion VND.
Leave a Reply