Phat Dat real estate development Jsc (PDR VN)_Annual meeting 2022 update

• Gross profit margin reached 76.3% (it was 46.6% in 2020), net profit margin reached 51.4% (it was 31.2% in 2020).
• PDR’s total landholdings are 5.804,45 ha, which can meet development needs for the next 5-10 years.
• PDR also set foot in the Industrial Park Real Estate segment by seeking and cooperating with partners to develop land banks in the following provinces: Quang Ngai, Dong Nai, Binh Duong, Dong Thap, Ba Ria – Vung Tau, Phu Quoc, etc.
• Continuing the shift from short-term to long-term loans.
• Actively seeking and approaching new capital sources such as green capital or foreign capital markets; actively expanding PDR’s network of partners to increase its initiative in choosing selectively applying international standards to boost its adaptability in all economic scenarios.
• PDR’s plan for 2022 revenue is about 10,700 billion VND, 2022 NPAT reach 2,908 billion VND.
• PDR will forcus on expand landbank and develop project in HCMC, Da Nang city, and other Tier 2 cities such as Binh Duong, BR-VT, Dong Nai, Khanh Hoa, Phu Yen, Lam Dong, Quang Ngai.
• Expanding landbank to industrial park, condotel and logistic. in 2022, PDR will focus on 223 Tran Phu, Da Nang, Phuoc Hai in BRVT.
• PDR delivered 98% of low rise in Division 4 of Nhon Hoi project. Astral city will be the growth for 2022, after master planning and investment license is approved.