TTC Land Reports Record 443% Revenue Growth in Q2 2025

Saigon Thuong Tin Real Estate Joint Stock Company (TTC Land) reported a financial report for Q2 2025 with revenue reaching 409 billion VND, an increase of 443% compared to the same period last year. For the first six months, revenue surged 359% to nearly 519 billion VND. This growth was driven by the timely handover of TTC Plaza Da Nang to AeonMall, effective operations at TTC Plaza Binh Thanh, and expansion in construction and industrial real estate. Pre-tax profit for Q2 reached 44.5 billion VND, nearly five times the same period. As of June, TTC Land’s total assets amounted to nearly 14 trillion VND, an increase of 1.6 trillion VND from the beginning of the year. Rental revenue stood at 141 billion VND, while revenue from goods sales increased over tenfold. The first two quarters of the year saw a net profit of 32 billion VND, significantly improving from a 4 billion VND loss last year. SCR shares rose 48% year-to-date, indicating strong investor interest and the company’s growth potential.