Van Phu Real Estate Development JSC 2024 AR2
The report highlights Van Phu - Invest's operational and financial performance in 2024, noting a slight revenue increase to VND 1,897 billion and an after-tax profit of VND 304 billion. The company successfully reduced its outstanding loans by 15% and inventory by 20% while increasing cash reserves. Key milestones included the groundbreaking of the Vlasta - Thuy Nguyen project and a strategic partnership with Ascott International Management Vietnam for the LaSong Sam Son project. In sustainability, the company advanced its commitment to green building standards and disaster-resilient designs, aligning with Vietnam's Net Zero 2050 goal.
Company: Van Phu Real Estate Development JSC
Sector: Real Estate
Country: Vietnam
Year: 2024
Type: AR2
Pages: 101
Van Phu Real Estate Development JSC
Annual Report
The report highlights Van Phu - Invest's operational and financial performance in 2024, noting a slight revenue increase to VND 1,897 billion and an after-tax profit of VND 304 billion. The company successfully reduced its outstanding loans by 15% and inventory by 20% while increasing cash reserves. Key milestones included the groundbreaking of the Vlasta - Thuy Nguyen project and a strategic partnership with Ascott International Management Vietnam for the LaSong Sam Son project. In sustainability, the company advanced its commitment to green building standards and disaster-resilient designs, aligning with Vietnam's Net Zero 2050 goal.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees