Song Da Urban achieves significant profit growth in first half 2025

Song Da Urban Investment Construction and Development Joint Stock Company (SDU) announced an audited after-tax profit of VND 48,283,705,014 for the first six months of 2025. This represents an increase of over 10% compared to the VND 372,014,366 after-tax profit in the same period of 2024. The significant rise is attributed to increased revenue from real estate business and rental services.

The company's pre-tax profit for the first half of 2025, post-audit, was VND 57,711,873,845, compared to the pre-tax profit of VND 61,130,690,674 before auditing. The difference in profit is primarily due to additional other tax expenses and reversed provisions accounted for by the Auditing Company.

Total revenue from sales of merchandise and rendering of services reached VND 124,140,305,766 in the first six months of 2025, a substantial increase from VND 28,783,482,300 in the previous year. This includes VND 110,461,472,405 from real estate sales and VND 13,678,833,361 from leasing investment properties and related services.