On January 9, 2020, VNR500 Award Ceremony took place in Hanoi – a ranking based on the independent research and evaluation results of Vietnam Report Joint Stock Company (Vietnam Report) in coordination with VietNamNet.
Ms. Do Thi Lien – Representative of TCH received the VNR500 award
VNR500 ranking is based on the actual financial criteria of the enterprise as well as the growth prospect and the non-financial criteria such as prestige and position in the market..
In the past 4 years, TCH has witnessed a strong growth in total assets from VND 4,644 billion to VND 7,523 billion. Profit after tax accumulated over the past 4 years is expected to reach about 2,000 billion. Profit margin (gross profit margin) is constantly improving.
Total asset, Profit after tax, gross profit margin. Unit: VND bn
Only in the first 6 months of fiscal 2019 (period from April 1, 2019 to September 30, 2020), TCH reached VND 726 billion of revenue, profit of VND 251 billion, an increase of 175% and 62%, respectively yoy. In the last 6 months, revenue and profit of TCH continued to grow strongly.
TCH is currently the most popular real estate developer in Hai Phong City with a series of Hoang Huy branded projects such as the completed projects including Hoang Huy Pruksa Town, Hoang Huy Riverside, HH3 & HH4 Dong Quoc Binh or ongoing projects include Hoang Huy Mall, Hoang Huy Commerce, Hoang Huy Grand Tower, Hoang Huy Plaza and Hoang Huy New City with a scale of tens of thousands of apartments and a total investment of tens of thousands billion dong. The business of importing and distributing Navistar trucks (USA) has also been effectively maintained by TCH and brought a steady cash flow to the company for many years.