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Vingroup collected more than VND 25,000 billion in the first quarter

Vingroup recorded a net revenue of more than 18,200 billion VND in the first three months of the year, if counting real estate wholesale transactions, the revenue scale reached more than 25,000 billion VND.

Vingroup Corporation (VIC) has just released its consolidated financial statements for the first quarter. In the first three months of the year, total consolidated net revenue reached VND 18,229 billion, down nearly 22% over the same period last year. If adjusted for revenue from sales of large real estate lots recorded in financial income, consolidated net revenue came to VND25,145 billion, up 0.4%.

In industrial activities, in the Vietnamese market, VinFast recorded sales of more than 6,700 vehicles in the first quarter, of which Fadil was the most popular model in March. For the global market, after three months of opening registration. , VinFast received a total of about 60,000 VF8 and VF9 orders. On March 29, the company announced the construction of its first overseas manufacturing plant in North Carolina, USA.

In commercial activities, residential real estate continued to be a bright spot. During the period, Vinhomes launched 1,500 apartments in two buildings P1 and P3 of the Vinhomes Ocean Park project, reaching an absorption rate of 80% by the end of March. At the Vinhomes Grand Park project, 74 commercial villas low-rise service was sold out after just one week.

For retail real estate, Vincom Retail has opened the fourth Mega Mall in Hanoi. Vincom Mega Mall Smart City is the first new generation commercial center in Vietnam, designed and built according to the Life-Design Mall model, where shopping space combines with culinary experiences, entertainment and attachments. community bonding.

In the field of tourism and resort, Vinpearl’s activities recovered. Total number of room nights sold increased 23% year-on-year thanks to a sharp increase in domestic tourists during the holiday season.

After deducting expenses, the group’s first-quarter pre-tax profit reached VND 1,928 billion.

As of March 31, Vingroup’s total assets reached VND 441,367 billion, up 3% compared to the beginning of the year. Equity reached 134,558 billion VND.

Minh Son

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