Chairman of the Board of Directors of CRV, Do Huu Ha, rings the bell, marking the official listing of CRV shares on the Ho Chi Minh City Stock Exchange (HOSE).
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The moment CRV officially begins trading on the HOSE.
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Established in 2006, CRV has emerged as a leading sustainable real estate developer, specializing in residential and commercial projects. Their impressive portfolio includes large-scale developments in Hanoi and Hai Phong, such as Golden Land Building (Hanoi), Hoang Huy – So Dau, Hoang Huy Commerce (H1 Tower), and Hoang Huy New City – II (Hai Phong).
CRV boasts a strong financial performance, achieving a record-breaking profit of 987 billion VND in the 2023 fiscal year (01/04/2023-31/03/2024). This momentum continued into the 2024 fiscal year (01/04/2024-31/03/2025), with the company reporting 2,195 billion VND in net revenue and 462 billion VND in after-tax profit.
As of June 30, 2025, CRV‘s consolidated balance sheet reflects total assets of 9,117 billion VND and shareholder equity exceeding 7,541 billion VND. A short-term liquidity ratio ranging from 3.75 to 7.17 underscores the company’s robust financial health and stability.
For the 2025 fiscal year (01/04/2025-31/03/2026), CRV‘s Annual General Meeting approved ambitious targets: 4,000 billion VND in net revenue and 1,600 billion VND in after-tax profit, representing an 82% increase and a 3.5-fold growth compared to the previous year, respectively. In 2026, these figures are projected to grow by 25%, reaching 5,000 billion VND in revenue and 2,000 billion VND in profit. The company plans to distribute dividends at an impressive rate of 20% for 2025 and 23% for 2026, a testament to its commitment to shareholder value.
The official listing of CRV shares on the HOSE enhances the company’s transparency, strengthens its governance, and opens doors to additional capital for strategic projects. For investors, this presents an opportunity to invest in a real estate company with a solid financial foundation, a valuable land bank, and attractive dividend yields.
The Ho Chi Minh City Stock Exchange officially announces and grants the listing approval for CRV Real Estate Group JSC.
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Speaking at the ceremony, Ms. Pham Thi Thu Huyen, CEO of CRV Real Estate Group, stated: “CRV is a core member of the Hoang Huy Group’s real estate ecosystem. Since its inception, CRV has successfully developed numerous large-scale residential and urban projects in Hanoi and Hai Phong. Building upon the resources of Hoang Huy Group, we have established a strategy and operations centered around the core values represented by the acronym CRV. ‘C’ stands for Capital, reflecting our strong financial capabilities and ability to undertake large-scale projects; ‘R’ represents Real Estate, our core business; and ‘V’ signifies Value, the quality and value we deliver through our products.”
The real estate industry is highly competitive, with high-value products and long-term customer relationships. Therefore, we prioritize product quality, fostering a skilled and experienced team of project developers, sales professionals, and managers, while maintaining transparency in all our operations.
The Board of Directors and management believe that listing CRV shares on the Ho Chi Minh City Stock Exchange is a strategic move towards greater transparency, efficiency, and sustainable growth.”
– 08:24 11/10/2025
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