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Tasco (HUT) reached more than USD1 billion in 2022 

 Thursday, October 5,2023

AsemconnectVietnam - According to published Report data, the 2022 revenue of Tasco Joint Stock Company (HUT - HNX) reached VND26,846.6 billion, equivalent to a growth of 1,218% compared to 2021 convention revenue.

To carry out the application for continued listing according to regulations after Tasco completed the exchange share issuance with SVC Holdings on August 31, 2023, the Company has prepared a summary financial information report according to regulations according to regulations and audited by BDO Auditing Company Limited.
According to published Report data, Tasco's 2022 revenue according to convention reaches VND26,846.6 billion, equivalent to a growth of 1,218% compared to 2021 convention revenue; Conventional pre-tax profit in 2022 reaches VND739.5 billion, an increase of 350% compared to the same period in 2021.
Of which, the largest contribution comes from the core business segment of automobile services with VND25,610 billion, accounting for 95.4% of total revenue; Non-stop toll collection (VETC) segment reached VND346 billion, accounting for 1.3%; BOT, real estate and other fields reached VND890 billion, accounting for 3.3% of total revenue.
After performing the swap, Tasco owns 100% of the charter capital of SVC Holdings, and at the same time reorganizes and converts SVC Holdings' business type from a joint stock company to a One Member LLC.
Accordingly, Tasco becomes the largest automobile distribution and service system in Vietnam, currently accounting for about 13.5% of the market share nationwide (according to VAMA, 6 months of 2023), distributing 12 car brands through a system of 83 showrooms stretching from North to South. This is considered an important step to realize Tasco's vision of "becoming the number 1 choice for smart transportation and auto services".
Source: VITIC/Tinnhanhchungkhoan


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