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On April 24, 2026, CEO Group Joint Stock Company (stock code CEO: HNX) held its 2026 Annual General Meeting of Shareholders, approving the 2026 business plan, the strategic direction for 2026-2030, and other key items.
Against a backdrop of global economic volatility and a domestic real estate market undergoing restructuring, CEO adopted a cautious governance approach, emphasizing strengthening internal capacity and optimizing operational efficiency.
In 2025, the Group reported consolidated revenue of VND 1,432 billion and consolidated after-tax profit of VND 206 billion, up 13% against the plan.
In real estate, CEO expanded into industrial real estate with the Tiên Lãng Airport Industrial Park project (Area B) in Hải Phòng Free Trade Zone, while also completing legal procedures for the CEOHomes Hana Garden project in Hanoi. Key projects including CEOHomes Diamond Hill in the Phú Quốc Special Zone and Sonasea Van Don Harbor City in the Van Don Special Zone continued to finalize legal procedures and are expected to support supply and growth in the coming years.
The construction segment continued to demonstrate execution capacity by ensuring progress and quality on major projects, supporting improved project deployment and cost control.
The services segment showed a strong recovery with 710,000 guest stays, with international guests accounting for nearly 76%. Hotel operating revenue increased by more than 40% versus 2024. The commencement of the Novotel Cam Ranh Resort project—expected to be completed and put into operation by the end of 2026—will expand the resort ecosystem and reinforce the Group’s position in travel and hospitality.
During 2025, CEO made progress in completing the urban ecosystem by inaugurating the CEO Kindergarten and Primary School at CEOHomes Sunny Garden City. The Group also rolled out a mixed-use building comprising a medical center, commercial services and offices, adding over 31,000 m2 of floor space to the office leasing segment.
The General Meeting approved the 2026 plan with total consolidated revenue projected at VND 3,000 billion and consolidated after-tax profit of VND 300 billion. The expected dividend is 5%.
The meeting also approved a plan to issue shares to increase charter capital in 2026, aiming to strengthen financial capacity and proactively mobilize capital to deploy projects amid continued tight real estate credit conditions and high interest rates.
Under the approved plan, CEO intends to issue an additional 113,483,214 shares, equivalent to 20% of the outstanding shares. This would raise charter capital from VND 5,674 billion to VND 6,808 billion. Total expected mobilized funds are about VND 1,134.8 billion, mainly through issuances to existing shareholders and a portion under the ESOP program.
The mobilized funds will be used to invest in key projects, including CEOHomes Diamond Hill luxury villas (Sonasea Residences) and the medical center–commercial services–offices at CEOHomes Sunny Garden City. The plan also includes increasing capital for CEO International Co., Ltd and for CEO Industrial Park Development Joint Stock Company to implement CEOHomes Hana Garden and Tiên Lãng Airport Industrial Park (Area B).
Alongside investment activity, CEO plans to continue enhancing its ecosystem with flagship brands including CEOHomes (residential), Sonasea (resort), CEOZone (industrial), CEOOffice (offices), and CEOEdu (education). The Group will accelerate digital transformation, apply artificial intelligence in governance and operations, implement ESG initiatives, and build the “Happy Enterprise” model.
Based on policy changes, market trends, opportunities from economic reform, and development requirements of the new era, the Board of Directors aims to position the Group as one of Vietnam’s leading privately-owned multi-sector corporations with sustainable development. The overarching goal is to build a USD 1-billion enterprise—aligned with the “happy enterprise” concept—where growth is realized together with social responsibility and humane values.
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