On 21/4/2018, Ha Do Group Joint Stock Company (HDG) has held its Annual General Meeting of Shareholders in 2018. This year, the Group set the target of consolidated profit before tax 2018 is nearly 900 billion dong, up 163% compared to 2017. Besides the real estate sector with 4 new large-scale projects, Ha Do also accelerates the development of hydropower and energy. regenerative.

The Board of Directors of Ha Do Group runs the meeting

        In 2017, Ha Do Group achieved 2.3 trillion dong of consolidated revenue, up 16% compared to 2016; consolidated net profit was VND 273.1 billion, an increase of 8% compared to that of 2016. Not only the growth of business targets over the previous year, Ha Do also implemented well projects, contributing to ensure revenue for the next stage. In the year 2018, Ha Do Group targets to strongly increase all business targets, including consolidated revenue and profit after tax is 4,301.9 billion and 733.8 billion. Compared to 2017, these plans grew 84% in revenue and 169% in profit.

Main business targets for 2018

Real estate: growth dynamics of Ha Do Group

        In 2017, the HaDo Centrosa Garden project in District 10, Ho Chi Minh City has achieved great success with a business rate of 100% (nearly 2,200 apartments) after one year of market launch. Currently, 115 adjacent townhouses have been handed over to customers and 87 roses have been allocated to first residents since December 2017. The apartment towers have been outstripping construction for over three months, with Block Orchid and Block Jasmine scheduled to deliver their homes early this year. This is a project of Ha Do Group's development to bring residents a green living space in the heart of the city with 21 gardens throughout the project, design different from the unique hanging gardens, rattan garden, high-rise eco-park, international swimming pool, etc. Recently, HaDo Centrosa Garden was also honored in the Top 5 "Living Space Standards" by the readers of the Investment Review.

        In addition to continuing to complete the project HaDo Centrosa Garden to hand over to customers, in 2018, the Group will continue to deploy 4 other large-scale real estate projects HaDo Dragon City - Ha Noi; HaDo Green Lane Project - District 8, HCMC; and Alila Bao Dai - The Imperial House - Nha Trang; Nongtha Central Park Project - Vientiane, Lao People's Democratic Republic. These are all well-positioned and highly feasible projects in terms of market and finance.

        HaDo Dragon City Project: With a size of 30 ha, located on the axis of Thang Long Highway, 1.5 km from Baoshan Paradise Park, National Convention Center 6 km, is planned by Subarna (Singapore - Single HaDo Centrosa Garden), HaDo Dragon City consists of 493 single, twin and single villas with a construction density of only 16%. Green landscaped space is top priority with central air-conditioned park and 12 park suburbs and utilities including: International School System, Swimming Pool, Gym, Supermarket, Coffee Shop, outdoor sports, etc. to create a living environment in harmony with nature for the residents.

        HaDo Green Lane Project: Located in the heart of District 8 - Ho Chi Minh City with the scale of 2.32 ha, including 3 towers with 18 floors, more than 1,000 apartments. HaDo Green Lane is also designed by Surbana with a construction density of 27.72%, inheriting fresh air thanks to its proximity to two canals in District 8 - Ho Chi Minh City. The project is expected to launch in Q3 / 2018.

Perspective of HaDo Green Lane project - District 8 - Ho Chi Minh City

        Nongtha Central Park Project: Located in Chaynthabuly district - the central district of Vientiane capital - Lao PDR with an area of ​​nearly 80 ha including shophouse - adjoining, twin villas, single villas. This is the first high-end project in the capital Vientiane, with the planning of 20 parks and gardens spanning the project, 42 local amenities for residents, central air lake more than 10 hectares Nongtha Central Park will direct the new living space for the people of Vientiane Capital and is the project leading real estate market in Laos in the future.

Nongtha Central Park project - the first project of Ha Do in the international market.

        Alila Bao Dai - The Imperial House: Located in the unique location on the Tran Phu coastal road - Nha Trang is considered one of the most beautiful coastline in Vietnam. With 8.92 hectares of land area, the project is designed by DWP (Australia) and architectural design by MIA (Vietnam) comprising 36 resort villas with 108 standard rooms. 5 star international and auxiliary items such as conference room, gym, spa, freshwater and saltwater pool, marina, historic gallery ... With a total investment of about $ 45 million and is managed by the brand-operated resort operator - the world's leading hotel Alila. Completion of Alila Bao Dai - The Imperial House is considered one of the most luxurious resorts in Nha Trang.

In the year 2019, Ha Do Group will launch two new projects with a central location in Hanoi, promising a big revenue from real estate projects.

        Project HH ​​- Translating: Located in the center of Cau Giay District on the long Nguyen Van Huyen, adjacent to Cau Giay Park. The project has one hectare of land with two high-rise towers of 47 storeys with functions such as high-grade apartments, offices, trade centers and high-grade interior and facilities such as Hanging Gardens , hypermarket, cinema, infinity swimming pool .... From the project can connect favorable traffic to the downtown area and fully inherited social infrastructure, landscape infrastructure of Dich Vong urban area. The project is considered as a highlight in the high-end segment of the property market in 2019.

        Project 62 Phan Dinh Giot: With the size of 2.3 hectares located on Phan Dinh Giot street, convenient transportation, easy connection to the city's inner city arteries such as Giai Phong street 0.2 km, Bus Station is 1.2 km and Bach Mai Hospital is 1 km. The project consists of an adjoining house, three 36-storey buildings with integrated amenities.

        According to HDG Board of Directors, in addition to the implementation of projects, this year the company also increased investment, expanding land fund, developing M & A activities, cooperation with prestigious partners, potential in and abroad to continue to develop new projects.

Shareholders attend the General Assembly of Shareholders in 2018

Hydropower and renewable energy: The sector continues to be promoted

        In the year 2017, revenue from hydropower reached VND 323.7 billion, contributing significantly to the total revenue of the Group. Currently, the Group owns five hydropower projects, putting into operation two projects Za Hung and Nam Pong with the total capacity of 60MW (in 2009 and 2013). It is expected that three new hydropower projects will be put into operation, including Nhan Hac Hydropower Plant with a capacity of 60 MW at the end of Q2 / 2018 and a 100 MW Hydropower Plant with capacity of 100 MW. I / 2019, Song Tranh 4 Hydropower Plant with the capacity of 50 MW generating capacity in the first quarter of 2020. The commissioning of these three new hydropower projects will bring the total electricity capacity of the group to 270 MW, supplying the market with 1,080 million kWh of electricity per year.

        Currently, Ha Do Group has seized the opportunity to research and develop renewable energy projects, which are being prioritized and encouraged by the government in Vietnam. In 2018, Ha Do Group plans to launch 2 projects including Hong Phong 4 solar power plant in Hong Phong commune, Bac Binh district, Binh Thuan province with a capacity of 48MWp. 3/2019 and Tien Thanh 1 wind power plant in Tien Thanh commune, Ham Thuan Nam district, Binh Thuan province with the capacity of 70MW, expected to be completed in the fourth quarter of 2019.

        As of 31/12/2017, Ha Do Group JSC has owned capital of VND 2,084.145 billion on chartered capital of VND 759.68 billion. In 2018, the Group plans to issue more than 11.39 million shares from owners' equity to increase its chartered capital by more than 113.9 billion dong at a ratio of 100: 15. In addition, Ha Do Group will offer shares to existing shareholders at the rate of 10% of charter capital, an increase of nearly 7.6 million shares. With this issuance, the charter capital of the Group will increase to nearly 950 billion.

        With three main fields of real estate, construction and energy, Ha Do Group has been in the Top 10 Most Prestigious Real Estate Investors in Vietnam (VietNam Report) for many years. The 50 best listed companies (Forbes Magazine), ... with many successful projects in Hanoi and Ho Chi Minh City. HaDo Gardenide - District 10 - Ho Chi Minh City. HCMC, HaDo Riverside Apartment - District 12 - Ho Chi Minh City. Ho Chi Minh City, Ibis Saigon Airport Hotel Complex and HaDo Airport Building, ...