NEWS

Dat Xanh honoured in 2017 Vietnam Top 500 largest enterprises

22/01/2018
The year 2017 marked the milestone in the 15 years journey since establishment, in which Dat Xanh Group has not only succeeded in maintaining its position as the leading real estate solution provider in Vietnam but also took solid steps in transforming and expanding its operations across the country.

Mr. Vu Quoc Viet Nam representing Dat Xanh on receiving the prize from the Organizers.

Enterprises honored in the VNR500 are the pioneers of the economy, having impressive revenue and profit growth, being assessed independently by Vietnam Report on the criteria: Total revenue; total assets; total labor; profit after tax and other indicators as: ROA, ROE, the enterprise's reputation on media, etc.

Following a rigorous and transparent evaluation process, the list of 500 Vietnam's Most Profitable Companies in 2017 was announced. In real estate, Dat Xanh was ranked 11th in VNR500 (the real estate sector has 29 enterprises in the list). The result proves Dat Xanh's strong development and affirms its leading position on Vietnam's real estate market.

Sharing on the achievements of Dat Xanh, Mr. Vu Quoc Viet Nam, the Group's Senior Director, said: "With the goal of sustainable development, the guideline during 15 years of Dat Xanh's construction and development is these core values:" Aspiration - Integrity - Professionalism - Humanities ". With its capacity and experience, Dat Xanh has made continuous efforts to create and develop high quality real estate products, offer reasonable selling prices and best services in order to bring a life of higher standards to the people of Vietnam. On the journey to overcome difficulties, it is thanks to the leadership's efforts and dedication, Dat Xanh's employees dare to think and to face challenges, making Dat Xanh the leading real estate brand being trusted and welcomed by many customers..

Particularly in 2017, Dat Xanh was recognized as one of the enterprises with impressive growth in revenue and profit compared to other companies in the same sector, specifically: Consolidated corporate after tax profit of DXG in 2017 was 751 billion VND, or 140% y.o.y, reaching 107% the profit plan assigned by 2017 AGM. EPS was 2,479 VND / share; Total capital as of December 31, 2017 was over VND10,285 billion, up 85% from the beginning of the year, more than 1,823 billion of which was cash, accounting for 18% of total assets.


In addition, Dat Xanh has been promoting its strength in developing large-scale investment projects in the market through nationwide distribution network. There have been 22,108 products distributed to the market, more than 8607 of which were solely and jointly built by Dat Xanh. Also in 2017, Dat Xanh developed more than 500,000 m2 of land for short-term land fund and more than 350 ha for long-term land fund through M&A.

In 2018, Dat Xanh's direction is continuing to accelerate growth rate, implementing large-scale projects across the country, cooperating with reputable international investment funds, continuing to expand the network, etc. The target for distribution, investment and investment cooperation is about 30,000-35,000 products to the market across the country.

Along a journey of over 15 years of establishment and development, Dat Xanh has been accelerating growth, aiming at becoming one of top 10 real estate development companies in Southeast Asia, as well as enhancing cooperation with global leading partners, creating new real estate products under the brand of Dat Xanh, contributing to improving the quality of life for the people of Vietnam.

Dat Xanh Group

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