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Phat Dat reports 60 per cent rise in first-quarter profit


Phat Dat reports 60 per cent rise in first-quarter profit
13:58 | 21/05/2021
Phat Dat Real Estate has reported a very strong financial performance in the first quarter
According to the quarterly consolidated financial statements of Phat Dat, the first quarter’s net revenue reached VND586.1 billion ($25.5 million) and profit increased sharply by 60 per cent on-year. Pre-tax and after-tax profit reached VND314.93 billion ($13.7 million) and VND251.07 billion ($10.9 million), respectively. Hence, although the market economy is greatly affected by the epidemic and many businesses have to narrow down or stop their business, the company remains one of the top 15 real estate enterprises by profit.
Such an impressive increase in profit comes from the accelerated implementation of infrastructure projects and the partial handover of land lot products of Zone 9 inside Nhon Hoi Ecotourism Area, Binh Dinh province. ....

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Phat Dat Real Estate might be added to the FTSE ETF portfolio with restructuring


Phat Dat Real Estate might be added to the FTSE ETF portfolio with restructuring
08:00 | 08/02/2021
Phat Dat Real Estate could appear in two major ETF portfolios in March
Two ETFs Vaneck Vectors Vietnam ETF (VNM ETF) and DB x-trackers FTSE Vietnam UCITS ETF (FTSE ETF) will restructure their portfolios by March 22.
Based on the price data at the closing of the trading day on February 3, Phat Dat Real Estate (HSX: PDR) shares may be added to the FTSE ETF s portfolio with a weight of about 1.7 per cent corresponding to about 2.6 million purchased shares, according to Bao Viet Securities Company (BVSC).
Data from the Ho Chi Minh City Stock Exchange revealed that PDR s average capitalisation in the second half of 2020 was over VND14.7 trillion ($639.13 million), ranking 31st in the whole market. ....

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