PHR - The story of land conversion can be realized right in 2025
• Business results in the second quarter of 2025 continue to be contributed by the rubber segment, we estimate PHR's revenue and NPAT-MI to reach VND 258 billion (-17% QoQ, -5% YoY) and VND 72 billion (-24% QoQ, +12% YoY), respectively.• The Bac Tan Uyen 1 project (Thaco as the investor) is in the stage of determining the compensation value, with a plan to complete and implement the project in 2025. With the expected compensation price not lower than 2.5 billion VND/ha, the total compensation that PHR can receive from this project is estimated to be about 1,965 billion VND.
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