CÔNG TY CỔ PHẦN ĐẦU TƯ NAM LONG (HOSE: NLG)
Số 6 Nguyễn Khắc Viện, P. Tân Phú, Quận 7, TP.HCM
Điện thoại: (84.28) 54 16 17 18
Fax: (84.28) 54 17 18 19
At the latest meeting with investors, Nguyen Xuan Quang – Chairman of Nam Long Group – shared about the company’s business plan in three upcoming years, which still focuses on: developing large-scale townships; expanding land fund; and achieve growth target of 20-30pct/year, as well as low loan interest rates. In 2019-2021, NLG expects to launch 4,000 EHome products, 11,000 Flora products and 4,800 Valora products.
Nam Long Group recently passes a business planning for 2019, expecting to achieve revenue of VND3,485 billion, and parent company’s net profit of VND956 billion. While revenue target slightly declines on-year, profit target increases by 26pct. The company’s EPS is expected to reach VND3,699 billion. In recent months, Nam Long Group conducts two M&A transactions for projects with large land funds, including 170-ha Nam Long – Waterfront, and 45-ha Nam Long – Dai Phuoc.