Stock investment profits "save" 2 real estate giants

(Dan Tri) - Tu Liem Urban Company and Danang House both made big profits from stock investments, recording 58 billion VND in the third quarter and 128 billion VND in 9 months, respectively.

The stock market has had many positive developments recently. If in July and August, VN-Index maintained a positive growth momentum, then in September, the stock market exploded due to the news of upgrading to emerging market status. At one point, VN-Index increased and set a new peak, surpassing 1,697 points.

Some businesses in the real estate industry, with a tradition of investing in stocks, have also reaped significant results from this "wave".

Tu Liem Urban Development Joint Stock Company (stock code: NTL) had no revenue from real estate business in the third quarter. However, the company recorded financial revenue from interest on deposits and securities investments nearly 4 times higher than the same period last year, reaching nearly 58 billion VND.

Therefore, for the whole quarter, the company still made a profit of nearly 13 billion VND, 3.5 times higher than the same period, even though the revenue was only nearly 4 billion VND.

Securities portfolio of Tu Liem Urban Company as of September 30 (Source: Third quarter financial statements).

As of September 30, Tu Liem Urban Area spent nearly VND474 billion on securities investment, more than 3 times higher than the same period last year, accounting for 24% of total assets. The largest investment worth more than VND238 billion was in TCH shares of Hoang Huy Financial Services Investment Joint Stock Company. The company temporarily earned about VND100 billion from this investment.

In addition, the company's securities portfolio also includes DBC, DCM, HHS, HPX, PAN, SGT, VAB. Of these, the company temporarily set aside a provision of VND8.5 billion - a very small amount compared to the investment value.

A similar story happened at Danang Housing Development Investment Joint Stock Company (stock code: NDN). In 9 months, the company achieved revenue of nearly 20 billion VND, down 58% compared to the same period last year.

However, financial revenue exceeded VND137 billion, up 39%, of which more than VND128 billion was interest from securities investment. Thanks to that, the profit for the first 9 months reached more than VND145 billion, 3.5 times higher than the same period last year.

Danang House's investment portfolio as of September 30 was quite diverse, reaching nearly 492 billion VND. VHM (Vinhomes) shares accounted for the largest proportion in the investment portfolio, reaching nearly 93 billion VND. With the recent increase in VHM shares, the company temporarily earned a profit of about 84 billion VND.

Danang House also invested money to buy shares of HPG, GMD, DGC, BSR , PNJ, HDG, TCB... With the positive developments of the market, the enterprise has reduced the provision for shares, from 49 billion VND at the beginning of the year to 9 billion VND at the end of the third quarter.

Source: https://dantri.com.vn/kinh-doanh/lai-dau-tu-chung-khoan-cuu-2-ong-lon-bat-dong-san-20251027173434858.htm