Hoa Binh Construction Group Bounces Back: Records $33.96 Million Profit in 2024
2025-01-29
theinvestor
After two consecutive years of significant losses, Hoa Binh Construction Group, a leading Vietnamese contractor, has made a remarkable recovery. The company reported an after-tax profit of VND851.8 billion, equivalent to $33.96 million, in 2024, exceeding its target by 96.7%. This impressive turnaround is a testament to the company's efforts to regain its foothold in the Vietnamese construction industry, with key projects and strategic investments driving growth and profitability, and contributing to the development of Vietnam's infrastructure and real estate market.
