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Dat Xanh Group JSC (HOSE: DXG) held its 2026 annual general meeting of shareholders on April 17, 2026, approving a set of resolutions covering business results, development plans and the group’s long-term strategic direction. The company described 2025 as a transitional year focused on stable operations, restructuring of resources and preparation for the next growth cycle.
In 2025, Dat Xanh recorded consolidated revenue of VND 4,192 billion and net profit attributable to parent company shareholders of VND 231 billion. The company highlighted the rollout of sales for The Privé project and positive market signals as evidence of its ability to develop in the high-end real estate segment.
Dat Xanh also said it continued to expand its land bank in strategic locations, maintained its broad distribution network and sales force, and accelerated the application of technology in operations and sales.
For 2026, Dat Xanh set revenue of VND 5,000 billion and net profit of VND 268 billion, implying growth of about 16% versus 2025.
The meeting also approved a plan to issue bonus shares in 2026 at an expected rate of about 14%, which would increase the group’s charter capital to more than VND 12,600 billion.
Dat Xanh said 2026 is the acceleration phase for key projects, with The Privé as a central contributor to future revenue recognition. The Privé is currently in Phase 2 of sales, with Phase 3 planned to start in Q2 2026.
On construction progress, Phase 1 has completed about 50% of gross construction work and is expected to be handed over in Q2 2027. Subsequent phases are being implemented in parallel to support project progress.
With this roadmap, Dat Xanh stated that revenue and profit from The Privé will begin to be recognized from 2027, creating a clearer cash flow base for the next growth stage.
Separately, the Long Thành International Airport is expected to come on stream in 2026. The company cited this as a major infrastructure catalyst expected to open up large-scale housing demand in the surrounding area.
For the Gem Sky World project in Long Thành, Đồng Nai, Dat Xanh said infrastructure investment has been completed. More than 4,000 land plots have received land use rights certificates, and for sold products the company has completed handover of titles to customers.
For the remaining portion of the project, nearly 1,800 plots have been issued separate titles. From now until the end of 2026, Dat Xanh plans to bring the remaining portion into business.
Founder and Chairman Luong Tri Thin said that in 2025, Dat Xanh had four projects at the stage of land-use rights finalization and six projects approved for pilot development under Resolution 171. Project sizes range from 5 to 10 hectares.
He added that Dat Xanh has 10 central Ho Chi Minh City projects in the list ready for deployment, investment and business in the near future.
The meeting approved a strategy to reposition the Dat Xanh Group brand, described as a step toward restructuring the group’s operating model in the coming period. According to leadership, the new operating model aims to balance and diversify revenue sources, create more growth pillars and better adapt to market cycles.
Mr. Bui Ngoc Duc was approved as the new Chairman of the Board. The company also introduced new CEO Nguyen Truong Son, who has 15 years with Dat Xanh, including international experience in Japan, and is expected to lead the company in the near future.
Dat Xanh said the leadership transition is intended to provide momentum and strengthen capabilities as the group moves into the next development phase. The company added that it will actively invest in human resource development and build a deep bench of successors for strategic roles in the next stage.
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