The panoramic view of Novaland’s NovaWorld Phan Thiet resort and entertainment complex Similarly, the group reaped nearly VND8.045 trillion ($349.78 million) in net sales and service provision revenue in the period, soaring 88 per cent higher than last year. The number of apartment units handed over to customers in the period reached 2,936, up 185 per cent against the corresponding period last year and equal to 50 per cent of the annual target. The group’s financial strength proved solid. As of June 30, 2019, its total asset value amounted to VND74.793 trillion ($3.25 billion) and equity touched VND22.198 trillion ($965.13 million), up 7 and 9 per cent, respectively, compared to the end of 2018 and representing a 27 per cent jump against the year prior. Money flow and equivalents approximated VND7.326 trillion ($318.5 million) as of June 30, 2019. This year, Novaland is set to roll-out 6,500 items, a 44 per cent jump on-year, including 4,200 housing units and 2,300 items from its resort projects. This year is of foremost importance in Novaland’s new development trajectory as the group will be developing aggressively into the resort property segment with a pipeline of projects deployed in diverse locations that have abundant… Read full this story
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