FLC to launch close to 20 realty projects in 2021

Property developer FLC Group has said this year, it plans to launch nearly 20 real estate projects on its strategic segments of resort and urban area.

Thursday, March 11, 2021 11:10

FLC to launch close to 20 realty projects in 2021 ảnh 1

The design of FLC Quang Binh tourism complex (Source: FLC)

Hanoi (VNA) - Property developer FLC Group hassaid this year, it plans to launch nearly 20 real estate projects on its strategicsegments of resort and urban area.

The projects will be located in Hanoi, Quang Ninh and VinhPhuc in the northern region, Thanh Hoa, Quang Binh, Binh Dinh, Gia Lai and KonTum in the central region, and Phu Quoc in the Mekong Delta province of KienGiang.

The group has so far invested in more than 40 provinces andcities nationwide. In the last half of 2020, it began the second phase of twoFLC tourism complexes in Vinh Phuc and Quang Binh provinces.

According to the company’s latest report for the fiscal year2020, its pre-tax and after-tax profits were over 421 billion VND (18.3 millionUSD) and nearly 308 billion VND, respectively.

The outcome was attributed to higher revenue from realtyprojects and lower financial costs.

As of the end of last year, the group’s total asset neared 38trillion VND, up nearly 20 percent from the previous year./.

VNA

#FLC Group #real estate projects #FLC tourism complexes #total asset #Vietnam News Agency #vietnamplus #Vietnam #Vietnam realty market

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