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Vinhomes net profits triple in Q2

By Minh Son   July 29, 2021 | 07:43 pm PT
Vinhomes net profits triple in Q2
Vinhomes Golden River apartment complex in District 1, Ho Chi Minh City. Photo by Shutterstock/Evan_Unit01.
Property developer Vinhomes reported net profits tripled year-on-year in the second quarter to more than VND10.3 trillion ($578.3 million).

According to its consolidated financial statement for the second quarter, net revenues were more than VND28.7 trillion, up 75 percent.

By the end of June, the company’s total assets were worth VND221 trillion.

During the second quarter, it embarked on digital transformation to improve interaction with customers amid social distancing due to Covid-19.

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