Viglacera implements new phase development strategy

In 2025, the target plan for consolidated pre-tax profit is 1,743 billion VND, corresponding dividend is 22%.

According to the plan, this year Viglacera sets a consolidated revenue target of VND 14,437 billion, an increase of 21% over the previous year, and consolidated pre-tax profit of VND 1,743 billion, an increase of 7% over the 2024 performance. In particular, the dividend payout ratio is expected to continue to be maintained at 22%.

To implement the above plan, for the real estate sector, Viglacera said it will continue to invest in synchronous technical infrastructure/services in industrial parks under development that have been approved in 2024; focus on attracting investment in land lease in industrial parks Thuan Thanh, Phong Dien, Tien Hai, Dong Mai, Song Cong II - phase 2, Yen My, Phu Ha.

At the same time, Viglacera will survey and propose to prepare documents for approval of investment policies and approve investors to deploy investment in a series of new industrial parks in the localities: Phu Tho, Quang Ninh, Thai Nguyen, Lang Son , industrial parks in the South and other locations.

In addition, Viglacera will also seek/cooperate with partners with sufficient financial capacity and business advantages to invest in component projects in industrial parks, increase utilities, enhance the brand of Viglacera's industrial parks, and maximize the efficiency of land funds (factories, warehouses for rent, other infrastructure services).

Viglacera currently owns 16 industrial parks at home and abroad, with a total scale of nearly 4,500 hectares.

Regarding the social housing and workers' housing sector, Viglacera said it will continue to develop social housing/workers' housing areas in sync with the development of existing industrial parks and localities in need.

In the materials sector, the company said it will focus on expanding the domestic market as well as the export market.

Previously, at the end of 2024, Viglacera recorded consolidated revenue of VND 11,906 billion; consolidated pre-tax profit of VND 1,630 billion, completing 147% of the 2024 plan approved by the General Meeting of Shareholders. With the achieved results, the Corporation plans to pay cash dividends at 22% (2% higher than the target committed to the General Meeting of Shareholders).

Strategic orientation for development in the new period

A notable point in the recently published document is that Viglacera will submit to the General Meeting of Shareholders for approval the Corporation's strategic development orientation in the new period.

Accordingly, Viglacera aims to become the leading corporation in Vietnam and the region in the field of construction materials and integrated real estate development services, with lean and specialized operational management, strong innovation capacity, modern digital operations and commitment to sustainable development.

Viglacera has identified key strategic goals for the new period, and at the same time proposed 6 tasks to be implemented synchronously, including: Implementing development strategies in the fields (construction materials and real estate); Innovating and streamlining the way of organizing operations; Improving R&D, marketing and sales capacity; Promoting digital transformation in production and business; In-depth investment to improve production efficiency; Developing human resources.

Vasta Stone, large slab sintered stone with a veined structure - a product successfully produced by Viglacera in 2024

The document also specifies the details of the implementation of the task of “Innovating and streamlining the way of organizing activities” through the rearrangement of capital ownership and management methods in the Corporation system. This implementation will be based on the principle of basing on the business situation, development capacity, financial contribution and conformity with the strategic orientation of the Corporation, as well as ensuring compliance with current legal regulations.

In the context of a macro economy with many advantages but also many challenges, the development strategy for the new phase will help Viglacera maintain its core foundation, creating a premise for stable and sustainable development for the period 2026 - 2030 and the following phases.

During the program, the shareholders' meeting will also vote on the dismissal of members of the Board of Supervisors and elect additional members of the Board of Supervisors of the Corporation for the 2024 - 2029 term.

Source: https://www.viglacera.com.vn/vi/portal/news.php/tin-tuc-su-kien/hoat-dong-kinh-doanh/viglacera-thuc-hien-chien-luoc-phat-trien-giai-doan-moi-id-10922.html