Services

Soaring Profits

According to Cen Land’s consolidated second-quarter 2025 financial report, the company recorded sales revenue and service provision of VND 348 billion. The net profit from business activities amounted to over VND 53 billion. Notably, the profit after tax was VND 41 billion, a surge of 416.9% compared to the same period last year.

Quang Yen Centro is one of the key projects to be developed by Cen Land in the upcoming period.

Cen Land’s leadership attributed these positive results to the market’s evident recovery in the second quarter of 2025. The number of transactions in the market increased significantly, directly contributing to the company’s growth in revenue from brokerage activities.

Additionally, Cen Land also recognized a portion of revenue and profit from joint venture contracts, further solidifying the second quarter’s performance.

For the first six months of 2025, sales revenue and service provision reached VND 503 billion. The net profit from business activities exceeded VND 59 billion. The profit after tax was VND 44.4 billion, marking an approximate 179% increase compared to the same period last year.

As of June 30, 2025, Cen Land’s total short-term assets stood at VND 7,416 billion. Owners’ equity amounted to VND 5,707 billion, and profit after tax not yet distributed was VND 677.5 billion.

Cen Land’s performance in the second quarter and the first half of 2025 showcases its ability to adapt and seize opportunities in the real estate market, setting the foundation for expectations of a positive financial year.

Maintaining a Leading Position

Mr. Nguyen Trung Vu, Chairman of the Board of Directors, shared that in 2025, Cen Land focused on four strategic orientations: enhancing competitive sales, developing real estate, maintaining secondary investment activities, and fostering human resources while building a comprehensive ecosystem for housing and welfare.

In the real estate market, Cen Land continues to maintain its leading position, evident through its extensive distribution network and strategic partnerships with major investors.

Cen Land is currently the distributor for prominent brands such as Vinhomes (Vingroup), MIK Group, Sun Group, and Masterise. The company also maintains solid relationships with strategic investors like Gamuda, CapitaLand, and Sovico. Cen Land aims to achieve a revenue target of VND 2,000 billion from its real estate brokerage business in 2025.

By sustaining secondary investment activities, Cen Land leverages its expertise in identifying profitable projects. Ongoing developments like Louis City Hoang Mai and Hoa Tien Paradise are expected to generate significant returns in the coming periods.

Cen Land continues to maintain secondary investment activities (Image: Hoa Tien Paradise project)

Unlike other brokerage firms that solely focus on home sales, Cen Land adopts unique strategies, adhering to the philosophy of “problem-solving.” The company accompanies investors, fostering the sustainable development of the real estate market. Cen Land has connected millions of families to realize their dream of owning a home.

In early June 2025, Cen Land introduced Cen SPC Real Estate Joint Stock Company, partnering with Meyland (MEYGROUP) as the investor to develop the Meyhomes Capital Phu Quoc project.

Through attractive resident attraction strategies, community-building initiatives, and effective business and operational approaches, Cen SPC will accompany the investor in bringing an urban pace of life to Meyhomes Capital Phu Quoc, making it a desirable place to live. This collaboration also offers a chance for a civilized community to thrive and settle on the Pearl Island of Phu Quoc.

Venturing into the human resource supply segment, Cen Land aims to produce high-quality human resources, enhancing the competitiveness of Vietnamese labor in the international arena. This move also addresses unemployment issues domestically and alleviates the shortage of human resources in foreign markets, thereby creating a sustainable housing ecosystem. Cen Land targets a revenue of VND 480 billion in 2025 from its training, consulting, and human resource supply services.

With a clear strategy and proven business capabilities, Cen Land asserts its leadership position and continues to contribute to the development of Vietnam’s real estate market.

Kim Ngan

– 06:58 04/08/2025

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