Phat Dat Real Estate Development Corp significantly reduced its 2024 revenue and profit after audit due to adjustments in reported figures from the Bac Ha Thanh project
Phat Dat Real Estate Development Corp significantly reduced its 2024 revenue and profit after audit due to adjustments in reported figures from the Bac Ha Thanh project. Audited revenue dropped 59% to VND 822 billion, while net profit fell 70% to just over VND 155 billion. The adjustment, approved by the board of directors, reflected concerns over the reliability of previously reported business results
Phat Dat Real Estate Development Corp significantly reduced its 2024 revenue and profit after audit due to adjustments in reported figures from the Bac Ha Thanh project. Audited revenue dropped 59% to VND 822 billion, while net profit fell 70% to just over VND 155 billion. The adjustment, approved by the board of directors, reflected concerns over the reliability of previously reported business results
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The domestic real estate market has had a period of strong growth in the past five years, will this bull market continue and support real estate stocks to lead the market?