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On April 24, 2026, the 2026 Annual General Meeting of Everland Group Joint Stock Company (stock code: EVG) was held in Hanoi with the participation of 7,018 shareholders. The meeting approved the company’s business plan for 2026 and a number of key items aligned with EVG’s strategic development orientation.
Shareholders approved the Management Board’s operating performance report for 2025. The report states that most financial and business indicators largely met or exceeded the plan approved at the 2025 Annual General Meeting and increased significantly compared with 2024.
Consolidated revenue reached VND 1,119 billion, while consolidated after-tax profit reached VND 98.9 billion, up 193% year-on-year. Total consolidated assets were reported at VND 6,385 billion, up 31.4% year-on-year.
The group said construction progress on real estate projects and sales of real estate products were maintained on schedule, supporting a higher contribution from real estate revenue and profit within the group.
EVG also reported that its credit position was well controlled, with total outstanding credit at a low level of VND 1,097 billion. Debt ratios on total assets and on equity declined versus 2024. Other performance metrics, including after-tax return on equity and return on revenue, were also reported to have improved.
EVG’s core real estate business recorded several developments in 2025, including the commencement of the Xuân Đài Bay Commercial-Service and Tourism–Resort Complex in Đắk Lắk; the inauguration of Phase 1 of Crystal Holidays Harbour Van Đồn in Quảng Ninh; and the completion of land handover procedures and conditions to begin the Ly Sơn Cultural Heritage Complex in Quảng Ngãi.
The group also accelerated legal procedures to select investors for urban-area projects in Hải Phòng, Phú Thọ, and Bắc Ninh.
Based on 2025 results, the AGM approved EVG’s 2026 business plan with growth targets of at least 20% compared with 2025.
For the consolidated level, EVG expects:
For the parent company Everland, EVG expects:
The meeting also highlighted continued financial risk controls, tighter debt management and leverage usage, and maintaining stable cash flow to support solvency amid market fluctuations.
The report presented to the AGM included significant changes in EVG’s 2026 development strategy.
In real estate, EVG plans to shift from developing standalone projects to building a sustainable real estate ecosystem focused on cash flow. From 2026, the group will prioritize mid-range housing priced to market demand with high liquidity to generate revenue and stable cash flow.
EVG said it will focus resources on construction and accelerating sales at existing projects to unlock invested capital and realize profits, while also developing the real estate supply chain to optimize cash flow and return on investment.
In tourism, EVG will develop a smart all-in-one tourism ecosystem that integrates resort operations with the exploitation of tourism products and services. The group said diversification across the tourism supply chain is intended to meet customer needs and generate sustainable cash flow from tourism.
Under this strategy, EVG will officially operate Phase 1 of Crystal Holidays Harbour Van Đồn from Q2 2026. The project is described as having nearly 1,000 hotel rooms and five-star resort villas, alongside multi-level amenities including an international conference center, a yacht pier, and commercial-service spaces.
EVG said the project is designed as a destination complex to create multiple revenue streams from lodging, M.I.C.E, services, and on-site experiences.
The group said launching the project into operation is intended to convert investment assets into revenue, improve cash flow, reduce dependence on the real estate cycle, and support growth quality. EVG also stated that the shift is expected to provide a foundation for improving metrics such as profit and earnings per share, while on-site cash flow would serve as a long-term backbone for sustainable growth.
Another priority in EVG’s strategic direction is to develop a high-quality workforce, strengthen modern governance, promote innovation and digital transformation, and pursue sustainable development in line with the company’s execution framework.
In the long term, EVG aims for double-digit growth continuously from 2026–2030, creating momentum for the next phase of expansion.
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