AsemconnectVietnam - On the morning of April 25th, Dat Phuong Group (DPG – HOSE) successfully held its 2026 Annual General Meeting of Shareholders, approving the results achieved in 2025 and the strong growth plan for 2026.

2025 Foundation: Growth Exceeding Plan, Strengthening Internal Strength
In 2025, Dat Phuong recorded positive results with consolidated revenue reaching VND4,484 billion and after-tax profit reaching VND445.1 billion, exceeding the plan by more than 18%.
Notably, the growth structure continues to show the construction sector playing a leading role with revenue reaching over VND3,762 billion, accounting for nearly 84% of the Group's total revenue. Benefiting from the government's surge in infrastructure investment, Dat Phuong continues to affirm its position in many key national projects.
Meanwhile, energy plays a leading role in generating profits, contributing over 58% of consolidated after-tax profit, thanks to favorable hydrological conditions and efficient operation. This is considered a crucial support for the company to maintain profit margins while other sectors are in the investment phase.
In the remaining segments, real estate and tourism services focus on completing legal procedures and developing products, preparing for a new business cycle. The energy-efficient glass manufacturing sector is also entering its final stages, paving the way for operation in 2026.
By the end of 2025, Dat Phuong completed a private placement of nearly 17.8 million shares, raising over VND640 billion, thereby strengthening its financial capacity and supplementing capital for investment and business activities in the new phase.
2026 Plan: Accelerating Scale, Shifting to Operational Phase
Entering 2026, Dat Phuong plans for breakthrough growth with projected consolidated revenue exceeding VND8,513 billion and after-tax profit of VND560.6 billion, representing increases of nearly 90% and 26% respectively compared to 2025 results. This significant growth reflects a strategy of shifting from accumulation to expansion and efficient exploitation of invested areas.
The parent company will continue to play a leading role, expected to contribute 74.6% of net profit and over 49.3% of after-tax profit. The construction and energy sectors will maintain their foundational roles, accounting for over 80% of both consolidated revenue and after-tax profit.
Notably, the growth drivers in 2026 are expected to come from the strengthening of the real estate sector and a turning point in the glass manufacturing segment. In the real estate sector, the company aims for revenue exceeding VND1,361 billion, focusing on sales of the Casamia Balanca Hoi An project and the commencement of several new projects.
These include the Dien Loc Industrial Park, expected to commence in Q2 2026, and the Con Tien social housing project, to be implemented from Q3 2026. Simultaneously, urban and resort projects continue to finalize legal procedures and infrastructure to be ready for market launch.
In the hotel and resort sector, Dat Phuong is entering a new phase of cooperation with the international hotel group Hilton. The Casamia Hoi An hotel, part of the Tapestry Collection, will officially operate from August 2026. The Dong Na hotel, part of the Hilton Garden Inn, will commence construction in Q3 of the same year.
One of the highlights of 2026 is the ultra-white stained glass manufacturing plant project. According to the plan, construction will be completed in May 2026, furnace firing in August 2026, and official operation immediately thereafter. The plant is expected to produce over 5.17 million m² of glass, serving both the construction and solar energy sectors. Bringing the project into operation will not only open up new revenue streams but also help the group complete its materials-energy value chain, creating a foundation for long-term growth.
Alongside its business objectives, Dat Phuong continues to maintain a dividend policy of 5-10%, ensuring a balance between shareholder interests and reinvestment needs.
This General Meeting elected the Board of Directors for the 2026-2031 term, marking a step towards strengthening the leadership structure to meet the requirements of larger-scale growth and long-term development orientation. With a solid financial foundation, a complete diversified ecosystem, and key projects entering the exploitation phase, Dat Phuong is demonstrating its readiness to enter a new growth cycle.
N.Nga
Source: VITIC/Tinnhanhchungkhoan