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Novaland Group reported revenues of practically VND15 trillion final yr, up by 186 % y.o.y, authorised by its Annual Normal Assembly of Shareholders in HCMC on Tuesday.
The AGM additionally authorised its web revenue after tax of practically VND3.45 trillion, a 23 % enhance.
Complete belongings surged by 40 % to VND202 trillion.
It was famous that the yr 2021 was profitable as Novaland raised USD300 million in worldwide convertible bonds listed on Singapore Inventory Trade (SGX).
Its whole land financial institution elevated by 115.7 % to 10,600ha.
Furthermore, final yr, Novaland Group additionally carried out a number of CSR actions with a complete contribution of VND320 billion and benefited hundreds of individuals throughout the nation.
The CSR program included its donation to the nationwide COVID-19 vaccination funds together with the sponsorship of specialised and high-tech medical tools to HCMC and different provinces resembling Ba Ria – Vung Tau, Dong Nai, Binh Thuan, and Lam Dong, and many others. Moreover, the Group additionally accompanied the development and completion of seven discipline hospitals and a couple of quarantine areas in HCMC. Moreover, many deprived households acquired assist from Novaland Group by way of its marketing campaign of Zero-Dong Grocery store.
For training, many college students had been awarded the “Instructor Nhe” scholarships to encourage college students with difficulties.
Notably, by way of neighborhood growth, the corporate additionally began a tree-planting marketing campaign in response to the Authorities’s program of planting one billion timber.
Wanting ahead to 2022
On the 2022 AGM, Novaland has set a marketing strategy for 2022 with whole income and web revenue after tax of VND36 trillion and VND6.5 trillion, respectively, 141 % and 88 % increased than in 2021.
In response to Novaland, mega-scaled tasks resembling Aqua Metropolis, NovaWorld Phan Thiet, NovaWorld Ho Tram and different tasks in HCM Metropolis could be the primary booster for the upcoming years’ income.
A consultant of the Group introduced that in 2022, the Group would concentrate on growing residential and hospitality tasks with round 15,000 merchandise anticipated to be launched to the market.
80 % of these could be in Aqua Metropolis, NovaWorld Ho Tram and NovaWorld Phan Thiet, he mentioned, and the remaining in new tasks.
The Group mentioned they plan to develop, amongst different tasks, Grand Sentosa in South Sai Gon and the Lengthy Island part at NovaWorld Ho Tram in Ba Ria – Vung Tau.
One other hospitality mission below the NovaWorld model will probably be developed in Binh Thuan Province with a land space of over 700ha.
In Lam Dong, NovaWorld Da Lat will probably be developed with a land space of 1,000ha.
One other mission, which is NovaWorld Nha Trang will probably be developed on an space of 600ha with good proximity to Tran Phu Avenue in Nha Trang Metropolis in Khanh Hoa Province.
Other than hospitality tasks, Novaland can even develop residential tasks within the satellite tv for pc cities of HCMC this yr.
There will probably be varied product varieties developed in these residential tasks, Novaland mentioned.
Subsidiary firms of Novagroup together with Nova Service and Nova Customers have additionally been growing a number of services to create an eco-system of their tasks.
For instance, the second-home in Florida part at NovaWorld Phan Thiet will probably be put into operation this yr together with a sports activities complicated and PGA golf course. As well as, Circus Land, Miami Bikini Seaside, Florida Water Park, Movenpick Resort, Radisson Resort and Nova Clinic Phan Thiet can even be put into operation this yr.
At Aqua Metropolis, a residential mission in Dong Nai Province, many services such because the Aqua Central Mall, Aqua Sports activities Advanced and Nova Clinic Aqua Metropolis will probably be opened and able to welcome visitors and prospects this yr.
At NovaWorld Ho Tram, many facilities inside The Tropicana and Wonderland will probably be put into an operation like second-home areas, Tropicana Park, a shopping mall, and Nova Clinic Ho Tram.
The Group’s chairman, Mr Bui Xuan Huy mentioned: “Within the spirit of becoming a member of palms to additional growth, Novaland Group and different members and companions of the corporate want to create extra international-standard tourism locations within the nation moreover creating jobs that contribute to the native economic system”.
On the AGM of shareholders, the issuance of bonus shares to shareholders had been authorised at a price of 25 % (most of 482,605,329 shares) and shares in lieu of dividends at 10 % (193,042,132 shares).
Novaland Group, a key issue of NovaGroup, is a number one and respected actual property developer.
Over the previous 30 years, Novaland has developed greater than 50 tasks in varied segments like flats, shophouses, officetel, resort townhouses, villas, second houses, and international-brand resort villas.
Novaland at the moment data 10,600 ha of land banks below analysis and growth.
By 2030, Novaland has set a objective of increasing to 50 city areas in 30 cities and provinces with nice tourism and financial potential.
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