VRE: Explanation of the difference in Audited Net Profit for 2024 compared to the same period last year

In the 2024 financial report, VRE noted a significant difference in net profit (NP) compared to the previous year. The main reasons for this fluctuation include: an increase in revenue from leasing assets, reduced operating costs through management savings, and improved capital efficiency. Additionally, the impact of macroeconomic conditions and the real estate market has contributed to the financial results, with a recovery in demand for office and retail rentals. Furthermore, new investments in development projects are currently underway, promising additional revenue in the coming years. VRE is committed to further improving financial management and optimizing operations to enhance sustainable profit for the future.

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