Revenue plan in 2022 reaches 8,500 billion VND
Confident in the goal of 2022
On May 12, 2022, Century Real Estate Joint Stock Company (Cen Land – CRE) held the General Meeting of Shareholders in 2022. Sharing at the General Meeting of Shareholders, Mr. Nguyen Trung Vu, Chairman of the Board of Directors of Cen Land said: Cen Land’s point of view is that it’s almost always difficult to feel happy because Cen Land always considers this to be temporary, Cen Land has never seen it as difficult but faltered.
At the time Covid-19 occurred, Cen Land was still growing, in 2021 more than double of 2020, this year continues to grow. With the current market situation, transactions may slow down, but the number of transactions in 4 months is already good, so the plan to set out 8,500 billion is not a big problem.
In 2022, Cen Land targets net revenue from sales and service provision of VND 8,500 billion, up 51.9% compared to 2021. Pre-tax profit is over VND 900 billion, up 57.4% compared to 2021. 2021.
Mr. Chu Huu Chien, General Director of Cen Land, added that the brokerage segment’s revenue in April alone reached VND 200 billion, showing the possibility of achieving revenue and the plan of 2022.
Ms. Nguyen Minh Hoi – Deputy General Director of Cen Land, said that Cen Land is a mature business from distribution, this field is still the core value, bringing the largest revenue for Cen Land. This year, with a plan of 2,000 billion coming from the distribution segment, Cen Land is very confident to achieve this figure despite the volatile market situation in the following months.
According to Ms. Hoi, the biggest source of revenue comes from exclusive distribution Cen Land projects. Cen Land comes to investors from the first consultation they have a product to the time the project is sold. In addition, Cen Land is also the distributor of large projects of Vingroup, Ecopark, Novaland.
Assessing the prospects for 2022, Mr. Nguyen Trung Vu, chairman of Cen Land, said: In difficult times, Cen Land is optimistic because difficulties are only temporary, and at the same time, an opportunity to demonstrate capacity.
Cen Land is in a very important position, sought by many investors. Previously, Cen Land only bought and sold real estate, but now Cen Land also participates in accompanying and realizing the unfinished dreams of many investors. With strengths in design, planning, packaging and product shaping, Cen Land will help projects reach the market better.
20 years mark of Cen Land
2022 marks Cen Land’s 20 years in the real estate market. Cen Land continues with plans and strategies to realize revenue and profit targets.
Cen Land’s Board of Directors is optimistic about the goal of 2022.
In 2022, Cen Land continues to focus on core values. In particular, continuing to strengthen and develop the nationwide sales network system by consolidating the main army of Cen STDA, Cen CHS, the network of local companies, expanding the system of affiliated exchanges across the country. National and international, together with the personal real estate brokerage community Cyber Agent, build specialized armies for specific product lines.
With secondary investment activities, Cen Land continues to improve its financial capacity to meet the needs of faster and stronger growth of the business, continues to accelerate sales to take advantage of favorable market conditions. market, improve investment efficiency and accumulate abundant financial resources for investment needs, M&A on a larger scale. In addition, Cen Land continues to diversify capital mobilization channels and cooperate with reputable investors with financial potential.
Looking for investment opportunities in acquisition, M&A of real estate projects with the potential to serve the goal of secondary investment growth with high speed and large scale. The company selects projects in line with the changing trends of the market and adheres to the investment criteria in terms of location, product type, legality and the ability to deploy sales quickly.
Developing and improving the efficiency of other services in Cen Land’s real estate service ecosystem, including consulting services on solutions and marketing and communication strategies, training services, office leasing services, etc. services, consulting services and management of real estate operations and other services, strengthening and expanding international cooperation and association in the service sector of the ecosystem.
In 2021, Cen Land achieved net revenue of 5,596.58 billion dong, an increase of 164.3 percent compared to 2020, reaching 111.9% of the plan. Profit after tax recorded VND 450.46 billion, up 50.2% compared to 2020, completing 110.4% of the plan for 2021.
With the achieved results, the General Meeting of Shareholders approved the profit distribution plan for 2021. Cenland presented shareholders with a plan to distribute additional shares to existing shareholders at the rate of 30% and pay a share dividend at the rate of 15%.
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at Blogtuan.info – Source: cafebiz.vn – Read the original article here
