DIC GROUP (DIG): PROFIT BEFORE TAX AS OF 23/12/2020 IS ABOUT VND 620 BILLION

In 2021, DIG Group plans to continue investing about VND 7,000 billion in real estate projects, of which about VND 5,000 billion in real estate projects, VND 2,000 billion for resort real estate projects; New business fields are expected to be invested about VND 300-400 billion per year. Information from DIC Group (DIG) shows that, as of December 23rd 2020, net revenue of parent company is VND 2,340 billion, pre-tax profit is VND 620 billion, completing the targeted revenue and profit set out from the beginning of 2020.

In the coming time, DIC Group will continue to implement a series of projects across the provinces and cities nationwide such as: Ba Ria - Vung Tau, Dong Nai, Hau Giang, Quang Binh, Vinh Phuc, Bac Ninh, Ha Nam. At the same time, the Group is also researching to expand real estate development investment in other provinces such as Hoa Binh, Ninh Thuan, Can Tho, Long An etc.

Besides, tourism real estate is still a key business, including resorts, condotels, hotels with high standards associated with international brands in tourist-friendly cities, or in the tourism urban projects of DIC. Currently, DIC Group owns many tourism real estate projects such as DIC Star Vinh Phuc Hotels & Resorts (235 rooms), DIC Star Apart 'Hotel Landmark Vung Tau (166 rooms), Pullman Hotels & Resorts Vung Tau (356 rooms), etc. In 2021, DIC Group will expand its investment or investment cooperation with foreign businesses in the fields of industry, post-port logistics, transportation projects, gas power etc.

Recently, Him Lam Real Estate has become major shareholder of DIC Group. The large buying of shares came after a failure related to a plan to cooperate to develop a 90.5ha project. At the extraordinary General Meeting of Shareholders in September 2020, the shareholders did not approve the 'policy of investment cooperation in the project of North Vung Tau New Urban Area and the content authorized to the Board of Directors according to the reports'. Of which, only 33,07% agree, 26,57% disagree and 20,31% have no idea.

In the market, DIC Group's stock (DIG) continued to increase strongly with the liquidity up to millions of units. Currently, DIG is trading at 27,350 VND / share, up nearly 170% compared to the market price at the beginning of the year.