Dat Xanh Real Estate Services Construction Joint Stock Company (Stock code: DXG) has announced the financial report of parent company. Accordingly, the operation of real estate service and brokerage has brought fairly stable turnover and profit; the operations of project transfer (by the form of stock transfer) and dividend shared from subsidiary companies have brought DXG a big interest amount in Quarter 4/2014, reaching VND 106 billion, 376% higher than the same time last year.
Specifically: In Quarter 4, net revenue reached VND 33.5 billion; gross profit reached VND 31.4 billion, increasing 13.3%; financial operating interest reached VND 111.7 billion, increasing over 5 times compared to Quarter 4/2013. In which: the Dividend shared from subsidiary companies equals to VND 57 billion, the deposit interest equals to VND 4.2 billion, the rest is turnover from the operation of Arisen project transfer (by the form of stock transfer of HCMC Investment and Development Joint Stock Company).
Annual earning before tax 2014 reached VND 161.5 billion in which Quarter 4 contributed VND 120.5 billion. Annual net income reached VND 138.2 billion; properly Quarter 4 reached VND 106.4 billion, increasing 376.8% compared to the same time last year.
Thus, only considering parent company's net income, DXG has passed the profit plan of the Group assigned by the General Shareholders Meeting at the beginning of 2014 which was VND 125 billion.
On December 31st, 2014, the total asset of DXG parent company reached VND 1,828 billion, increasing 96.6% compared to the beginning of 2014; in which cash balance and cash equivalents have increased from VND 43.7 billion (at the beginning of 2014) to VND 708.3 billion (at the end of 2014).