DIC GROUP IS HONORED AS TOP 500 LARGEST ENTERPRISES IN VIETNAM FOR 6 CONSECUTIVE YEARS

On January 18^th, 2024, at Gem Center Convention Center (Ho Chi Minh City), Vietnam Report officially held the Ceremony to announce VNR500 Ranking – Top 500 Largest Enterprises in Vietnam in 2023. DIC Group (HoSE: DIG) is honored to hold a high place in this prestigious ranking for 6 consecutive years.

Mr. Nguyen Quang Tin - General Director of DIC Group received the VNR500 award - Top 500 largest enterprises in Vietnam in 2023

According to the results of Vietnam Report just published, DIC Group ranked 330/500 in the Top 500 largest private enterprises in Vietnam and Top 20 largest private real estate enterprises in Vietnam.

VNR500 Ranking follows the model of Fortune500, based on independent research and evaluation results according to international standards of Vietnam Report. VNR500's ranking method is built to ensure the principles of objectivity, transparency and science with the main evaluation criteria including: Revenue; Profit; Growth rate; Total assets; Total number of employees.

2023 is the 17th consecutive year Vietnam Report has published the VNR500 Ranking to honor large-scale enterprises, maintain efficient and stable production and business activities, show resilience in the face of unexpected waves of fluctuations from the international context and the slowdown of economic growth. These assessments according to international standards will be a launching pad to contribute to enhancing the position and brand reputation of Vietnamese enterprises in the domestic and international markets.

Sharing about this award, Mr. Nguyen Quang Tin – General Director of DIC Group said: "The VNR500 Award once again affirms the position, scale and strong financial capacity of DIC Group in addition to practical contributions to the sustainable development of the economy. With a pioneering strategy to develop satellite urban areas and more than 33 years of experience in the field of real estate, DIC Group is striving to become the Top 5 largest real estate groups in Vietnam."

Nam Vinh Yen City - Vinh Khuc urban area is a key project of DIC Group, affirming DIC's imprint and brand in the Northern real estate market

In the context of complicated, unpredictable and unprecedented fluctuations in the economy in 2023, the Board of Directors and the Board of Directors of DIC Group have issued many flexible response solutions, making efforts to remove difficulties and maintain stable production and business, optimizing efficiency in all aspects of operation.

Right in the fourth quarter of 2023, DIC Group has accelerated quite well, made a breakthrough in cash flow, completed capital arrangements, creating a favorable premise for the financial year 2024. According to DIC Group's December 2023 business results report, revenue in December 2023 will reach VND 3,171 billion, total revenue for the whole year 2023: VND 6,057 billion. Regarding business in December 2023, implemented output: 818.6 billion VND (reaching 497% of the monthly plan), accumulated in 2023: 1,573 billion VND. Regarding development investment implemented in 2023, it will reach VND 1,124 billion.

DIC GROUP MEDIA AND COMMUNICATION DEPARTMENT