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Gia Lam Urban Development And Investment Company Limited (Vietnam)

Main Activities: Offices of Real Estate Agents and Brokers
Secondary Activities: Water Supply and Irrigation Systems | Sewage Treatment Facilities | Waste Collection
Full name: Gia Lam Urban Development And Investment Company Limited Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The company is known as the investor and operator of Gia Lam Urban area project (other name as Vinhomes Ocean Park 1). This is considered as a supper big urban area in Hanoi City on total land area of 420 hectares with 66 apartment buildings, about 2,000 villas, adjacent houses. As public on media mass, since Jun 2019, it is no longer the sole investor of this project after a series of transferred land plots. Namely, it transferred 346.257 sqm for Tco Real Estate Business And Consultancy JSC in Jun 2019, 2 land plots, including Lot B3-CT03 with areas of 18.826 m2, Lot B3-CT06 on areas of 18.699 m2 for Minh Tan Ha Noi Real Estate Company Limited in Aug 2019; a land plot of college with areas of 226.828 sqm for Vinacademy Education And Training Limited Liability Company in Oct 2019 and 2 land plots with areas of 35,000 sqm for Sv Real Estate Investment Development Business JSC in Jan 2020. This project started construction in 2018 and now residents have moved here to live very crowded. In fact, Vingroup Joint Stock Company is its ultimate parent company with 100% voting right rate and 73.83% benefit rate at Ecology Development And Investment Joint Stock Company. Thus, the company has received many financial supports from VINGROUP, one of biggest real estate groups in Vietnam.

Headquarters
2nd Floor, Commercial Centre of Vincom Mega Mall Ocean Park at Land Lot CCTP - 10, Gia Lam Urban Area, Trau Quy Town and Duong Xa, Kieu Ky, Da Ton Communes
Ha Noi (municipality); Red River Delta; Postal Code: 10000-14000

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Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
June 12, 2013
Key Executives
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General Director
Ownership Details
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99.39%
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0.61%
Subsidiaries
Vinhomes Industrial Zone Investment Joint Stock Company
Company Performance
Financial values in the chart are available after Gia Lam Urban Development And Investment Company Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
-83.32%
Total operating revenue
-83.32%
Operating profit (EBIT)
-76.59%
Net Profit (Loss) for the Period
-77.82%
Total assets
-15.21%
Total equity
-11.01%
Operating Profit Margin (ROS)
28.34%
Net Profit Margin
18.71%
Return on Equity (ROE)
-37.24%
Debt to Equity Ratio
0.11%
Quick Ratio
-1.65%
Cash Ratio
0.04%

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