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At the 2026 annual general meeting of shareholders of Dat Xanh Group (DXG), the company outlined a strategy for a new growth cycle focused on 2027–2031, targeting at least VND 2 trillion in net profit per year.
The board of directors said 2026 is a turning point for the real estate market as macro conditions broadly align, including stable interest rates, a new legal framework gradually taking effect, and continued momentum from public investment. Against this backdrop, Dat Xanh chose a cautious approach aimed at strengthening its foundation rather than accelerating aggressively.
Management said the business environment is improving, but the company still needs time to deepen internal capabilities before entering a strong growth cycle.
In 2025, Dat Xanh reported consolidated revenue of VND 4,192 billion and net profit after tax of VND 231 billion. For 2026, the company set targets of revenue at VND 5,000 billion and net profit after tax at VND 268 billion, implying roughly 16% growth.
Management noted the profit plan is designed with a safety bias to support restructuring. The company expects actual results may exceed the plan, but will prioritize risk control in the initial year.
The meeting approved an issuance of bonus shares at roughly 14% and confirmed completion of prior issuances. As a result, charter capital was raised to more than VND 12,600 billion, creating financial headroom for the next growth phase.
The Privé project remains a key pillar. According to Mr. Luong Tri Thin, founder and Chairman of the Strategic Council, the project is implemented in three stages: stage 1 has sold about 99% of products, stage 2 has sold more than 90%, and stage 3 is expected to launch in 2026.
On construction progress, stage 1 is about 50% complete of rough construction. Handover is expected in Q2–Q3 2027 and to span the year. Revenue and profit from The Privé are expected to be recognized in 2027–2029, positioned as the main driver of growth.
Meanwhile, the Gem Sky World project has completed infrastructure and is ready to enter the exploitation phase.
Dat Xanh said it will continue strengthening its services ecosystem, with Dat Xanh Services playing a central role. In parallel, the company plans to accelerate land and project acquisitions through M&A to increase resources for the next growth cycle.
Dat Xanh also indicated it is refining the legal framework for a set of key projects, expected to be brought to market within the next five years.
The meeting approved the dismissal of two board members: Mr. Ha Duc Hieu (term ended) and Mr. Nguyen Pham Anh Tai (resigned). Two new members were elected for the 2026–2031 term, bringing the total number of board members to six.
Regarding business strategy, Mr. Luong Tri Thin said Dat Xanh aims for annual revenue to exceed VND 10,000 billion from 2026 onward. For the 2027–2031 period, he said profits are expected to reach VND 2,000–3,000 billion per year, with growth rates of 30–50% per year.
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