3Q2024 Analyst Meeting: PDR’s Outlook
On October 14, 2024, Phat Dat Real Estate Development Corporation (HOSE: PDR) held an analyst meeting with experts from leading securities firms, investment funds, and institutional investors in Vietnam. At the event, PDR’s Chairman shared insights on the company’s revenue and profit outlook for the coming years.
During the meeting, the Chairman and the management team engaged in an open and friendly discussion with nearly 50 analysts about the Company’s 3Q2024 results, its business plans for 4Q2024, and future strategies.
Speaking about PDR’s business plans for the coming years, Chairman Nguyen Van Dat revealed that the Company has at least six projects that will be consistently developed from now until 2027.
The first is Bac Ha Thanh Residential Area (Binh Dinh), which is expected to fulfill all financial obligations by October 2024, begin sales in November, and officially launch in early December 2024. The Company aims to complete sales, construction, and handover to customers by 2025. This project is also expected to make a significant contribution to PDR’s revenue and profit for 2024.
Thuan An 1 & 2 Complex, a key project for PDR with nearly 6,000 units located in the center of Thuan An City, Binh Duong Province, will enter its sales phase in 1Q2025. Following this, there will be upcoming projects such as Cadia Quy Nhon (Binh Dinh), Poulo Condor (Ba Ria – Vung Tau), Serenity Phuoc Hai (Ba Ria – Vung Tau), and Han Riverside (Da Nang).
