Taseco Airs 'says goodbye' to 'golden land' hotel on the coast of Da Nang?

According to information from Taseco Air Services Joint Stock Company (Taseco Airs, HOSE: AST), since May 5, Taseco Airs has officially ceased to be the parent company of Taseco Oceanview Da Nang LLC - one of seven subsidiaries in which they hold 100% capital.

Taseco Oceanview Da Nang operates in the fields of accommodation, restaurant, passenger transport and related industries. This enterprise owns the À La Carte hotel located at a prime location at the intersection of Vo Nguyen Giap, the most expensive coastal road in Da Nang city. The hotel stands out with its flexible service model, especially the infinity pool on the rooftop, which is a highlight attracting many domestic and international tourists.

A La Carte Danang Hotel is located at 200 Vo Nguyen Giap, Phuoc My ward, Son Tra district, about 600 m from Pham Van Dong beach.

Although the divestment deal has been completed, Taseco Airs did not disclose information about the transfer purpose or transaction value.

Taseco Airs is a large-scale enterprise, operating a diverse airport service ecosystem, ranging from duty-free goods, souvenirs, food, beverages to VIP lounges, tourism services, transportation and telecommunications, with more than 120 points of sale nationwide by the end of 2024.

In addition to its member companies, Taseco Airs also owns 29.29% of shares in Vietnam Air Catering Services Joint Stock Company (VINACS), which operates two catering factories at Noi Bai and Cam Ranh international airports, with a total designed capacity of up to 20,000 meals/day.

It is known that in 2025, Taseco Airs sets a high growth target with a consolidated revenue plan of VND 1,600 billion and after-tax profit of VND 300 billion, respectively increasing by 20% and 17% compared to the results of the previous year.

At the 2025 General Meeting of Shareholders, the Board of Directors said that Taseco Airs will focus on completing a new brand identity for three key business segments: restaurants, fast food, and retail. At the same time, it will standardize packaging, cup, and bag designs, as well as design a system of shelves and signs that are consistent nationwide.

AST’s strategy this year also includes closely following the planning and investment progress of major infrastructure projects such as Long Thanh airport, Noi Bai T2 expansion terminal and Tan Son Nhat T3 terminal. At the same time, the company plans to carefully prepare finances, organization and human resources to effectively exploit new points of sale, increase presence and market share at major airports.

Regarding business results, the first quarter of 2025 recorded many positive signals, in which revenue reached 400 billion VND and pre-tax profit reached 88 billion VND, up 18% and 40% respectively over the same period last year. Based on these results, AST has completed 25% of the revenue plan and 30% of the profit target for the whole year.

At the end of the trading session on May 7, AST shares slightly decreased by 300 VND to 63,700 VND/share, corresponding to a market capitalization of nearly 2,900 billion VND.

Sunshine

Source: https://congthuong.vn/taseco-airs-chia-tay-khach-san-dat-vang-ven-bien-da-nang-386477.html