Dat Xanh Group (HSX: DXG) also reported VND488 billion ($21.2 million) in reviewed net losses for the first half of the year, while the figure was VND38 billion ($1.65 million) in the unreviewed financial statement. After-tax profit has been revised from around $5 million to negative VND374 billion ($16.26 million) due to transferring all LDG Investment JSC shares and setting aside VND526 billion ($22.87 million). … [Read more...] about Real estate giants report heavy losses
Real estate vs real property
Real estate reports highest number of suspended firms
The Covid-19 pandemic has interfered with marketing, advertising and selling activities for property products, sending the revenue of many property firms down, Chau said, adding that multiple firms have even incurred heavy losses as costs of management and investment and loan rates have soared. … [Read more...] about Real estate reports highest number of suspended firms
Real estate firms offer sky-high profit rates to attract investors
Investors have been invited to contribute capital to real estate projects and enjoy a profit of 36 percent per annum, and have also been persuaded to buy corporate bonds at a high interest rate of 18 percent per annum. One real estate firm in HCM City is offering a business cooperation model to develop guest houses for rent, under which VND40 million is contributed to own one room. … [Read more...] about Real estate firms offer sky-high profit rates to attract investors
LIXIL announces winners of Asia-Pacific Property Awards 2020-2021
Through its portfolio of power brands, LIXIL offers pioneering technologies that promote health, hygiene, comfort, and sustainability. Each of the power brands have their own star products, including American Standard HygieneClean Technology, award-winning Genie hand shower and Aqua Ceramic; GROHE SmartControl Kitchen Collection and sensor faucets; INAX 3in1Jet Bowl; as well as the SPALET range and the recently launched SATO Tap. … [Read more...] about LIXIL announces winners of Asia-Pacific Property Awards 2020-2021
HCMC to inspect ongoing real estate projects
The real estate projects subject to the inspection include the commercial-service and residential complex on Nguyen Dinh Chieu Street in District 1, the Cecico apartment and office building project in Thu Duc District, the Centre Mall supermarket and commercial center project in District 6 and the Saigon East Commercial Center project in District 9, among others. … [Read more...] about HCMC to inspect ongoing real estate projects
