AsemconnectVietnam - Intresco Investment and Business Corporation (Intresco, HOSE: ITC) presented to its 2026 Annual General Meeting of Shareholders a plan for revenue of VND809 billion and after-tax profit of VND64 billion, representing increases of 4.5% and 0.5% respectively compared to the 2025 results.

In the planned revenue structure for 2026, hotel services will lead with VND400 billion (accounting for 49.4%), followed by real estate business at VND180 billion (22.2%), construction at VND165 billion (20.4%), and real estate leasing at VND64 billion (7.9%). This result reflects the trend observed in 2025, when La Vela Saigon hotel services accounted for 52.45% of total revenue and served as a stable pillar for the company.
Regarding project investments, the focus in 2026 will be on business development and handover of apartments in Block D2 at the Terra Flora - Nhon Trach project (Dong Nai), while continuing to finalize the legal procedures for Blocks H, E1, E2, F, and I of the same project. At the Star Village residential project (Hiep Phuoc commune, Ho Chi Minh City), ITC will continue to compensate for the remaining approximately 6,000 m² of land for phase 2, and will also request adjustments to the planning for 4 social housing apartment blocks and 2 commercial housing blocks.
The ITC Board of Directors anticipates more substantial growth in the real estate market in 2026 compared to 2025, but project legal obstacles remain the main risk affecting implementation progress.
In 2025, ITC recorded revenue of VND774.547 billion and consolidated after-tax profit of VND63.659 billion, exceeding the plan by 20.88% and 76.34% respectively, and increasing by 27.63% and 95.54% compared to 2024.
As of December 31, 2025, ITC invested capital in 3 subsidiaries with a total value of VND1,052 billion, including VND150 billion in Royal Tourism - Hotel - Restaurant Services Joint Stock Company (owning 75% of charter capital, managing La Vela Saigon Hotel), VND868.32 billion in Saigon Binh Duong Investment Joint Stock Company - Sabinco (owning 64.32% of capital), and VND34 billion in Intresco Construction Joint Stock Company (owning 85% of capital).
N.Nga
Source: VITIC/Tinnhanhchungkhoan