Everland Group (EVG) annual general meeting signals optimism and sustainable growth

On April 24, 2026, the Everland Group (EVG) will hold its 2026 annual general meeting in Hanoi. This shareholders’ meeting attracts attention as EVG’s 2025 business results were quite impressive; the Board of Directors will propose to shareholders a 5% dividend and many important policies that lay the groundwork for sustainable growth in the long term. 2025: Many unusual indicators EVG’s audited 2025 financial statements show that most key financial and business indicators roughly met or exceeded the plan, with significant growth versus 2024. Net profit after tax reached VND 98.9 billion, up 193% year-on-year; consolidated total assets reached VND 6,385 billion, up 31.4% year-on-year. According to EVG’s management, 2025 results demonstrate growth in both scale and quality as the group’s core financial platforms continue to improve. At the AGM, the Board is expected to present to shareholders a plan for 5% stock dividends. A bright spot in EVG’s financial picture is the control of credit debt and financial leverage. By the end of 2025, the group’s total credit debt stood at VND 1,097 billion, down from end-2024. Cash flow was stable, credit and settlement activities proceeded normally, with no bad debts or bond liabilities. In parallel, the expansion of the workforce, with 157% growth over the year, shows the company’s readiness in human resources for production and business plans and for operating future resort developments. These factors are laying the foundation for the company to move into the next growth phase, combining new investment and operations to exploit sustainable projects. REAL ESTATE: Positive movements Within EVG’s overall picture, real estate remains the backbone of the business and recorded positive movements in 2025. Notably, the group organized the inauguration and prepared to put into operation Phase 1 of the Crystal Holidays Harbour Van Don leisure and entertainment complex, with nearly 1,000 hotel rooms and five-star standard resort apartments. The project entering operation at a time when the tourism market is recovering is expected to optimize occupancy and the resort’s functionality. In addition, leveraging the diverse tourism services ecosystem in Bai Tu Long Bay will help extend stays, increase spending per visitor, and improve the overall efficiency of the project. From a financial perspective, Phase 1 operation of Crystal Holidays Harbour Van Don will not only convert asset value into actual revenue but also contribute to improved cash flow and performance indicators such as EPS in the coming years. Beyond Crystal Holidays Harbour Van Don, Everland’s 2025 real estate investment activities continued to show positive momentum at many other projects. In Dak Lak province, the Xuân Đài Bay mixed-use complex (commercial, service and resort tourism) is accelerating infrastructure and landscape work to proceed to lodging and service construction and completion. In Quảng Ngãi, the Ly Son heritage tourism complex has completed land handover and other legal procedures to prepare for construction. The Ly Son project is expected to commence in Q2 2026. Also in 2025, Everland has been actively advancing investment procedures for new urban area projects in Hải Phòng, Phú Thọ, Bắc Ninh, Đồng Tháp and other regions with high urbanization and industrial development, aiming to form a portfolio of projects for the medium and long term. LONG-TERM SUSTAINABLE GROWTH OUTLOOK At the AGM, the management will present to shareholders the 2026 business plan with consolidated and comprehensive targets. Total consolidated revenue is projected to reach VND 2,200 billion, up 96.57% from 2025; net profit after tax is projected at VND 170.5 billion, up 72.43%; total assets at VND 8,000 billion, up 25.3%. Within it, Everland’s parent company revenue is expected to reach VND 730 billion, up 19.51% from 2025; net profit after tax at VND 66.8 billion, up 77.55%; total assets at VND 3,115 billion, up 26.2%; with an expected dividend payout of 5%. From 2026–2030, the group identifies core business axes as real estate and tourism. Supporting sectors include: commerce, services, construction, and finance. Growth drivers include revenue and profit from selling and leasing real estate products (vacation, urban, commercial housing, social housing...), provision of tourism services, and commercial activity. Gradually building and developing tourism and real estate supply chains. From 2031–2035, the group’s core business axes will include real estate, manufacturing, tourism, and finance. Supporting sectors include: construction, commerce, and services. Growth drivers include revenue and profit from selling and leasing real estate products, manufacturing, financial investment, and tourism services. Completing and operating tourism and real estate supply chains; at the same time, initiating a production and export chain. The group also identifies growth drivers through 2035 based on human resources, modern governance, innovation and integration, digital transformation, and sustainable development in line with ESG execution. Keywords: Everland Group