Cen Land (CRE) reports strong increase in after-tax profit in the second quarter

According to the consolidated financial report for the second quarter of 2025, Cen Land recorded sales and service revenue of VND348 billion. Net profit from business activities reached more than VND53 billion. Notably, profit after corporate income tax was VND41 billion, an increase of 416.9% over the same period last year.

Quang Yen Centro is one of the key projects being implemented by Cen Land in the near future.

Cen Land's management said that this positive result was achieved thanks to clear signs of recovery in the real estate market in the second quarter of 2025. The number of transactions in the market has increased significantly, directly contributing to the growth of revenue from the company's brokerage activities.

In addition, Cen Land also recorded a portion of revenue and profit from business cooperation contracts, thereby further consolidating its second quarter business results.

In the first 6 months of 2025, the revenue from sales and service provision reached 503 billion VND. Net profit from business activities reached more than 59 billion VND. Profit after corporate income tax was 44.4 billion VND, an increase of about 179% over the same period last year.

As of June 30, 2025, Cen Land has total short-term assets of VND 7,416 billion. Owner's equity is VND 5,707 billion and undistributed profit after tax is VND 677.5 billion.

Cen Land's business results in the second quarter of 2025 and the first 6 months of the year show its ability to adapt and take advantage of opportunities in the real estate market, laying the foundation for expectations of a positive financial year.

Mr. Nguyen Trung Vu, Chairman of the Board of Directors, said that in 2025, Cen Land will focus on implementing four strategic directions including: promoting competitive sales, developing real estate, maintaining secondary investment activities and developing human resources, building a comprehensive residential and social security ecosystem.

In the real estate market, Cen Land continues to maintain its No. 1 position, demonstrated through its extensive distribution network and strategic partnerships with major investors.

Cen Land is currently the distributor of products from "big guys" such as Vinhomes (Vingroup), MIK Group, Sun Group , Masterise,... and maintains strong relationships with strategic investors such as Gamuda, CapitaLand, Sovico,... Cen Land aims to achieve revenue of 2,000 billion VND from real estate brokerage in 2025.

Maintaining secondary investment, Cen Land has a lot of experience in finding profitable investment projects. Projects being implemented by Cen Land such as Louis City Hoang Mai, Hoa Tien Paradise, etc. are expected to bring in large revenues in the near future.

Cen Land continues to maintain secondary investment (Image: Hoa Tien Paradise Project ).

Unlike other brokerage firms that only focus on selling houses, Cen Land has its own strategies, firmly adheres to the philosophy of “solving problems”, accompanies investors, and develops a sustainable real estate market. Cen Land has connected millions of families to realize their dream of owning a home.

In early June 2025, Cen Land launched Cen SPC Real Estate Joint Stock Company in coordination with the investor Tan A Dai Thanh Group Real Estate Joint Stock Company - Meyland (MEYGROUP) to implement the Meyhomes Capital Phu Quoc project.

Through solutions to attract residents, build a cohesive community and implement effective business and operational strategies, Cen SPC will accompany the Investor to bring a bustling urban lifestyle, so that Meyhomes Capital Phu Quoc is a livable urban area, while also providing opportunities for a civilized community of residents on Phu Quoc Pearl Island.

Participating in the field of human resource training supply, Cen Land continues to aim to create high-quality human resources, contributing to improving the competitiveness of Vietnamese human resources in the international arena, while solving the problem of unemployment in the domestic market and the "thirst" for human resource shortage in international markets, creating a sustainable residential ecosystem. Cen Land aims to achieve revenue from training services, study abroad consulting and human resource supply of 480 billion VND in 2025.

With a clear strategy and proven business capacity, Cen Land affirms its leading position and continues to contribute to the development of the Vietnamese real estate market.

Source: https://baodautu.vn/cen-land-cre-bao-lai-sau-thue-quy-ii-tang-manh-d348209.html