PDR named among top 50 prestigious and effective public companies in 2022

The ceremony to announce the top 50 prestigious and effective public companies in 2022 (VIX50) took place at the Reunification Hall in Ho Chi Minh City on August 3.

The awards recognised public companies with outstanding financial capability, media reputation, growth potential, sustainable development, quality management, and strong position in the industry.

In the list of VIX50, PDR is among the top enterprises with a capitalisation of over $1 billion and a profit of over $42.7 million.

PDR reached a market capitalisation of over $2.1 billion by the end of 2021. Its reputation is spread far and wide with positive feedback from the community, investors, and customers. PDR has achieved great results in several aspects. The company has successfully established a new position in the group of leading enterprises in the real estate industry and listed companies in the stock market.

PDR's pre-tax profit has continuously increased from $47.44 million in 2019 to $66.9 million in 2020 and $100 million in 2021.

In 2022, PDR commits to generating a pre-tax profit of $155.6 million. PDR's profitability ratio also grew well in the period of 2019–2021 on the basis of improving profit margin, while its return on equity remains higher than the industry average.

It is clear that PDR has a healthy financial structure when the debt/equity ratio has been regularly maintained at a safe level of 0.3x-0.5x in recent years, lower than the average level in the real estate industry.

Located in the central square of Quy Nhon, CADIA Quy Nhon is one of the outstanding projects by PDR

PDR is pursuing sustainable development and portfolio restructuring strategies.

The company is constantly developing land funds in many localities across the country. Currently, PDR boasts a land reserve of over 7,404 hectares.

This land fund is sufficient for PDR to realise its development strategy in the next 5-10 years. Besides the main segment of housing, PDR is also developing a new product line of high-end resorts. Currently, PDR is operating in the main markets including Ho Chi Minh City, Ba Ria-Vung Tau, Binh Duong, Dong Nai, Binh Dinh, Danang, and Quang Ngai.

PDR has demonstrated its exceptional abilities and strong internal strength by continuously driving its growth. The achievement is attributable to PDR’s clear, consistent strategy with its broad vision for the new era.