01/082025

MID-YEAR BUSINESS REVIEW CONFERENCE & SECOND-HALF 2025 BUSINESS DEPLOYMENT

On the afternoon of July 31st, 2025, DIC Group (HoSE: DIG) convened its Mid-Year Business Review Conference, assessing first-half performance and outlining key tasks for the second half of 2025. The conference took place as the Group strengthens its operational foundations, prioritizes legal procedures for core projects, and prepares for accelerated growth in the coming months.

 

 

Overview of the conference

 

From early 2025, DIC Group’s Board of Directors and Executive Leadership have rigorously directed business operations, driving product transfers, executing approved project plans, and intensifying debt recovery efforts.

 

Mr. Nguyen Quang Tin – CEO of DIC Group delivers the opening remarks.

 

Financial results through Q2 2025 show the Parent Company achieved VND 221.6 billion in net revenue and VND 59.4 billion in pre-tax profit, while consolidated figures reached VND 427.1 billion in revenue and VND 15.7 billion in pre-tax profit.

Significant progress has been made in legal procedures for key projects after years of challenges. DIC Group resolved prolonged legal hurdles across key projects, creating momentum for second-half operations:

  • Chi Linh Center: Adjusted timelines due to delayed state land handovers; received notifications for housing/land registration fees and land use payments.
  • A2-1 Chi Linh Apartment: Completed final inspections.
  • Dai Phuoc Eco-Tourism Urban Area: Transfer dossiers for two land plots (14ha and 31ha) finalized with inter-ministerial feedback; the Dong Nai Department of Construction recommended provincial approval for partial project transfers on June 30th, 2025.
  • Vung Tau International Convention & Exhibition Center: Approved for partial transfer (Block B).
  • Lam Ha Center Point (Ha Nam): Cleared financial obligations and secured full project transfer approval, anticipating significant Q3 2025 revenue.
  • Nam Vinh Yen New Urban Area: Adjusted timeline to Q4 2030; completed Phase 1 technical infrastructure and launched its social housing project in March 2025.
  • Vi Thanh Commercial Residential Area: Achieved 100% site clearance and streamlined construction regulations for future phases.

 

Mr. Nguyen Quang Tin, CEO, emphasized: "Finalizing legal procedures for core projects is pivotal to DIC Group’s 2025 business targets and lays the groundwork for 2026–2030 expansion and nationwide investment."

Operational achievements include completion of 2024 dividend payments at 6%, increasing charter capital from VND 6,098.5 billion to VND 6,464.3 billion, secured financing for the Nam Vinh Yen social housing and A2-1 apartment projects, and maintaining a BB+ credit rating with stable outlook after mid-year review. Capital disbursement reached VND 1,482.4 billion (22.2% of annual plan), with VND 1,378.8 billion allocated to project development and VND 103.63 billion to financial investments.

Subsidiary performance shows six profitable units including DIC No.1, DIC No.2, DICERA Holdings, DIC Resco, DIC Concrete and DIC Urbiz, while four units reported losses.

 

Mr. Nguyen Hung Cuong – Chairman of DIC Group addresses the conference.

 

Looking ahead, DIC Group has identified achievable full-year profit targets and will prioritize organizational restructuring, business expansion, financial efficiency, and operational optimization across construction, materials, tourism, commerce and real estate sectors. Chairman Nguyen Hung Cuong stressed the importance of integrating business plans with ESG commitments and technology adoption to drive sustainable growth.

Leadership called for unified efforts across all subsidiaries and employees to successfully achieve 2025 objectives and establish a strong foundation for future development. The conference concluded with a renewed commitment to operational excellence and strategic execution.

Media and Communication Department

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