Cho Lon Real Estate Joint Stock Company faces serious legal hurdles at key projects, putting its 2025 business targets at risk
Cho Lon Real Estate Joint Stock Company faces serious legal hurdles at key projects, putting its 2025 business targets at risk. Despite aiming for a pre-tax profit of VND 9 billion (4.8x year-on-year) and revenue of VND 50 billion (nearly 3x), execution of projects such as Sabinco (Binh Duong), B Bui Minh Truc apartment (HCMC), and Nhon Duc residential area (Nha Be) remains delayed due to unresolved regulatory procedures.
Cho Lon Real Estate Joint Stock Company faces serious legal hurdles at key projects, putting its 2025 business targets at risk. Despite aiming for a pre-tax profit of VND 9 billion (4.8x year-on-year) and revenue of VND 50 billion (nearly 3x), execution of projects such as Sabinco (Binh Duong), B Bui Minh Truc apartment (HCMC), and Nhon Duc residential area (Nha Be) remains delayed due to unresolved regulatory procedures.
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Vietnam Real Estate - Where is the market heading to?
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?