In the fourth quarter of 2022, Saigon Thuong Tin Real Estate Joint Stock Company - TTC Land (stock code SCR) recorded a revenue of more than VND 319 billion, equivalent to the same period last year, but financial revenue dropped sharply, causing total profit to decrease.
As of September 30, 2022, TTC Land's total assets reached VND 9,819 billion, a slight increase compared to the beginning of the year. A large proportion still comes from inventories of VND 2,859 billion, which is mainly unfinished real estate concentrated in key projects: Jamona City, TTC Plaza Duc Trong,...
The State Securities Commission had received the report on the issue of shares to pay the 2021 dividend of Saigon Thuong Tin Real Estate Joint Stock Company - TTC Land (SCR).
Officially opened on September 10th 2022, TTC Plaza is known as a large scale commercial complex which brings sustainable values, attracts trading and becomes motivations on pushing the inherent potential in the district.
Joining in the market quite early (from 2004), according to the development roadmap of nearly 20 years, the real estate sector has considerably contributed on proportion of TTC Group’s revenue and profit.
Ms. Diep Thi Phuong Thao, Deputy General Director of TTC Group stated about development strategy and vision of subsidiary company – Sai Gon Thuong Tin Real Estate Joint Stock Company – TTC land (HoSE: SCR). Accordingly, by 2025, the revenue achieves of VND 7.057 billion, profit before tax reach VND 2.223 billion, 3 times and 11 times higher than this year’s plan, respectively. The land bank is forecast as twice as the recent, achieve of 601 hectares.
Ms. Diep Thi Phuong Thao, Deputy General Director of Thanh Thanh Cong Group stated the development strategy and vision of the subsidiary - Saigon Thuong Tin Real Estate Company - TTC Land (HoSE: SCR). Accordingly, profit before tax will achieve VND 2,223 billion by 2025, 11 times higher than this year's plan.
On July 14, 2022, Saigon Thuong Tin Real Estate Joint Stock Company - TTC Land (Stock code: SCR) hold a Preliminary Conference at TTC headquarter building to recap operations in the first half and deploy plan for the last 6 months of 2022
When the economy and tourism recover, townhouses and resort shophouses in the southern region will also archive high liquidity. In this context, the transaction volume of Phu Quoc increased significantly, accounting for 95 % southern region.
According to Mr. Vo Quoc Khanh, General Director of TTC Phu Quoc cum General Director of TTC Land (SCR), after a short time from launching, the Selashine shophouse in the Phu Quoc luxury resort complex urban area has only a few units left for sale.