On March 16, Vietnam Report Joint Stock Company (Vietnam Report) and VietNamNet jointly announced the most prestigious brands in construction, real estate and building materials in 2017. Accordingly, CEO Group was one among 10 prestigious real estate investors in 2017.

List of enterprises covered by media

Companies were evaluated and ranked based on the following criteria: (1) Financial capacity shown on the latest financial statement; (2) Media credibility measured by Media Coding – which encodes articles relating to the enterprises on the media; (3) Survey made to the people living in Hanoi and Ho Chi Minh City about the degree of satisfaction with real estate products/services, the reliability of the brands of contractors and building materials production and trading companies.
 
CEO Group has been known for a series of real estate projects such as CEO Tower, Sunny Garden City, River Silk City… Among them, the most prominent project is Sonasea Villas & Resort complex in Phu Quoc Island with Novotel Villas, shophouse and five-star Novotel Phu Quoc Resort.

Mr. Doan Van Binh, Chairman of CEO Group, said: "The real estate market has more or less become prosperous but still faced with many difficulties. However, CEO Group still decides to expand investment at this time. Instead of massive investment in the "quick hit, quick win" manner, we invest into projects in a selective manner.
 
Because of this business philosophy, although there are many projects in hand, CEO Group carefully schedules projects performance in order to avoid investment over-diversification.
 
As a result, in 2016, CEO Group’s business results exceeded the targets approved by the General Shareholders Assembly and was officially named in the Top 500 largest enterprises in Vietnam and was recognized in Top 30 most transparent enterprises on HNX.
 
In 2017, CEO Group set a consolidated revenue target of VND2,006 billion, pre-tax profit of VND343 billion, consolidated net profit of VND275 billion and dividend yield of 10%.

See Original Here: