Phat Dat Real Estate Development Corp 2022 AR2
The report highlights Phat Dat Real Estate Development Corporation's performance and strategic adaptation during a volatile fiscal year 2022. Despite severe market fluctuations, the company maintained its core activities, achieving a profit before tax of VND 1,482 billion and a profit after tax of VND 1,161 billion. Phat Dat successfully restructured its investment portfolio, prioritizing high-prospect projects like Cadia Quy Nhon and transferring Astral City to optimize resources. The company also demonstrated strong financial discipline by spending nearly VND 900 billion to repurchase bonds before maturity and pay off due debts, ensuring liquidity. Additionally, the company advanced its sustainability commitment by applying Fitwel standards to its Thuan An projects and contributing VND 20 billion to community initiatives.
Company: Phat Dat Real Estate Development Corp
Sector: Real estate
Country: Vietnam
Year: 2022
Type: AR2
Pages: 109
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Phat Dat Real Estate Development Corp
Annual Report
The report highlights Phat Dat Real Estate Development Corporation's performance and strategic adaptation during a volatile fiscal year 2022. Despite severe market fluctuations, the company maintained its core activities, achieving a profit before tax of VND 1,482 billion and a profit after tax of VND 1,161 billion. Phat Dat successfully restructured its investment portfolio, prioritizing high-prospect projects like Cadia Quy Nhon and transferring Astral City to optimize resources. The company also demonstrated strong financial discipline by spending nearly VND 900 billion to repurchase bonds before maturity and pay off due debts, ensuring liquidity. Additionally, the company advanced its sustainability commitment by applying Fitwel standards to its Thuan An projects and contributing VND 20 billion to community initiatives.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees