Nam Long Group (HOSE: NLG) continues to present in the Top 10 Most Reputable Property Developers 2021

Continuously nominated for "Top 10 Most Reputable Property Developers” in many years is proof of Nam Long’s strong growth despite the recent challenges in the industry. This is also the driving force to become one of the top integrated urban developers in Vietnam.

Source: Vietnam Report, Top 10 Most Reputable Property Developers in 2021, 3/2021

Going through the ups and downs of the economy and the real estate market, in particular, the negative impacts of Covid-19 pandemic, Nam Long has maintained a stable growth. By the end of 2020, Nam Long achieved net revenue and net profit of VND 2,217 billion and VND 835 billion, respectively, exceeding 46% of revenue plan and 2% higher than profit plan, pre-sales (pre-sales) by approximately 3,800 billion VND from implementing at the same time 3 large-scale urban areas Mizuki Park (26ha - Binh Chanh), Akari (8.5ha - Binh Tan) and 165ha of phase 1 of Waterpoint (355ha - Long An). The above business result is one of the important assessment bases of Vietnam Report Joint Stock Company and VietNamNet Newspaper to score and announce “Top 10 prestigious real estate companies. year 2021 ”.

In 2020, Nam Long's business activities and project implementation will continuously receive market attention and record positive results

The ranking is based on 3 criteria: (1) Financial capacity shown on the most recent annual financial report; (2) Media reputation is assessed by Media Coding - encoding the company's articles on influential media channels; and (3) The stakeholder survey was conducted in February and March 2021. This is the result of independent research published by the publisher, built on scientific and objective principles. The companies on these lists all have stable financial capacity, have experience in the industry, brands are trusted by many people and actively contribute to the overall development of the whole real estate industry. Vietnam in recent times. Typical businesses honored can be mentioned as: Vinhomes, Novaland, Ecopark, Nam Long, Dat Xanh, Hung Thinh, etc.

Sharing more about the 2021 plan, Mr. Nguyen Thanh Son - General Director of Nam Long Land said that he will maintain growth at 20-25% for the core housing development business, continue to open for sale. component projects and high-end product lines in the compound areas of urban areas have been deployed such as Waterpoint, Mizuki Park, phase 2 of Akari City and started selling the first products of the Izumi City urban area. The Waterfront project was renamed, 170 ha, Dong Nai) and Nam Long Can Tho (43ha, Can Tho). The land fund development segment also continues to look for new land banks suitable for the development of product lines or urban areas in key economic areas. At the same time, the segment of commercial real estate and services is focused on developing to create a righteous social infrastructure system in urban projects, serving the needs of living - working - playing - shopping - education not only for Nam Long residents but also for the community and surrounding areas, helping to increase the value of Nam Long's products, indirectly increasing benefits for customers and investors.

Source: Nam Long Group (Hose: NLG)