Vincom Retail Joint Stock Company (VRE) has announced its 2025 revenue target at approximately 9.52 trillion VND, up 6% from 2024, with projected after-tax profit of 4.7 trillion VND, an increase of nearly 15%, marking a record high in its 13 years of operation. The company focuses on rental revenue (9.3 trillion VND, +15%) and anticipates a drop in real estate transfer revenue (220 billion VND, -74%) due to completing handover of shophouse units. VRE hasn’t distributed dividends for six consecutive years and plans to reinforce its retail market leadership. The company will debut three new shopping centers totaling 120,000m2 in 2025 and develop commercial streets alongside Vinhomes urban areas, leveraging the advantages of the Vingroup ecosystem.
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