Analyst Pin-board HTN – Aggressive capital raising plan for sustaining...

For 1H 2021, HTN recorded net revenue of VND 2,856 bn (or USD 125 mn, +67% YoY) and NPAT of more than VND 120 bn (or USD 5 mn, +4% YoY). The handover of Lavita Charm and Q7 Boulevard were the main contributors. The total backlog at end of 9M 2021 was VND 35,000 Bn (or USD 1.5 bn). In Q3, HTN signed a new contract with a value of VND 1,500 bn in the An Vien project (Nha Trang). Management plans to execute residential construction projects from other developers, helping HTN to reduce its concen...