TTC LAND News

AeonMall Vietnam to develop shopping centre in Da Nang

The Saigon Thuong Tin Real Estate Joint Stock Company (TTC Land) and AeonMall Vietnam Co., Ltd on January 30 officially announced a plan to construct an Aeon Mall shopping centre as part of the TTC Plaza Da Nang project, which is developed by TTC Land in central Da Nang city.

BIDV and TTC Land Forge Collaborative Sponsorship for TTC Plaza Da Nang Project

The collaborative sponsorship event for the TTC Plaza Da Nang project took place on December 19, 2023, at the My Dinh branch headquarters in Hanoi, Vietnam. This significant collaboration brought together the Bank for Investment and Development of Vietnam (BIDV) and Saigon Thuong Tin Real Estate Joint Stock Company (TTC Land).

In 2022, TTC Land reported a profit of nearly VND 79 billion

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.

Gross profit margin increased dramatically, TTC Land (SCR) reported a profit of VND 145 billion in the first 9 months of the year

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,...

TTC Land (SCR) is about to pay 8% stock dividend

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).

TTC PLAZA COMMERCIAL CENTER CREATES LAVARAGE TO ECONOMIC GROWTH OF DUC TRONG

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.

TTC LAND POSSESSES THE PRIME LAND BANK, REAPs THE REWARD FROM PHU QUOC MARKET

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.

TTC LAND EXPECTS TO INCREASE ELEVEN-FOLD ON PROFIT IN THE NEXT THREE YEARS

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.

TTC LAND EXCEEDED TARGET IN THE FIRST 6 MONTHS OF 2022

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