Despite an exceptional surge in profits during the third quarter of 2024, Novaland Group (Novaland), listed on the Ho Chi Minh Stock Exchange (HOSE) under the ticker symbol 'NVL', faces the grim prospect of historical annual losses. With a staggering cumulative loss of over VND 4,000 billion in the first nine months of the year, the real estate giant is struggling to stay afloat.