Hung Thinh Incons enjoys many outstanding advantages as a general constructor of most of Hung Thinh Real Estate Business Investment Corporation’s projects.
Ho Chi Minh City Stock Exchange (HoSE) has announced that 25 million stocks of Hung Thinh Incons Joint Stock Company (stock code as HTN) will be officially traded on HoSE on Monday, November 12th, 2018. Reference price in the first transaction day was 23,300 VND / share. Hung Thinh Incons will be an option for investors besides construction companies such as Coteccons or Hoa Binh.
With the characteristic of being the main general constructor of Hung Thinh Real Estate Business Investment Corporation (Hung Thinh Corp), Hung Thinh Incons' business prospects have great advantages from Hung Thinh Corp.
3,000 hectares of widespread land fund
According to the assessment of Investment Department - Saigon Securities Incorporation (SSI), Hung Thinh Corp is a big and prestigious investor with abundant financial potential and stable and potential customers. Products at projects are always welcomed and consumed by customers in a short time to create stable cash flow to develop other projects.
Hung Thinh Corp is one of the few corporations that has advantages from the real estate supply chain from investment and construction to distribution of project. With 16 years of operation in this field, Hung Thinh Corp is the leading project developer in the southern market with 29 member companies, 3 representative offices and 8 large-scale trading floors.
The land fund of this corporation is currently about 3,000ha, equivalent to some other “big man” in the southern real estate market, including many land funds for developing other types such as resorts and restaurant - hotel complexes in Binh Dinh, Khanh Hoa, Binh Thuan, Ba Ria - Vung Tau provinces.
At the same time, the system of member companies operating in different fields has helped Hung Thinh Corp create a tight link process in the real estate supply chain, thereby bringing quality products with the reasonable price.
Hung Thinh Corp's projects are concentrated mostly in Ho Chi Minh City, and most of them are in the East and South Saigon. This corporation focuses on affordable apartments, about 2 billion VND / unit for an area of about 70m2. Every year, Hung Thinh Corp regularly offers to the market from 5 - 7 projects with the quantity of 7,000 - 10,000 real estate products.
Hung Thinh Incons is benefited from the real estate supply chain of Hung Thinh Corporation
In the real estate supply chain of Hung Thinh Corp, there are many units being in charge of specialized roles such as PropertyX specializing in project distribution, Hung Thinh Furniture specializing in furniture production, Prowind specializing in architectural design, ... Particularly in construction, Hung Thinh Incons is currently the main unit of the corporation when winning most of construction projects.
Cam Ranh Mystery Villas - Beachfront villas generally constructed by Hung Thinh Incons
Each year, Hung Thinh Incons is general constructor of 5-7 projects of Hung Thinh Corp and its member companies, contributing to help this unit become the top construction company in the South with a large workload and high reputation. Currently, Hung Thinh Incons has been constructing nearly 30 projects with various types. In particular, the total number of projects being under construction and signed in 2018 of Hung Thinh Incons reached 15 with a total value of construction contracts of VND 7,469 billion.
Vung Tau Melody - Apartment in Vung Tau beach city constructed by Hung Thinh Incons has been handed over to customers
Construction capacity of Hung Thinh Incons can ensure construction of projects over 30 floors, among the top of the market. With the quality of construction that meets the high technical, esthetics and safety requirements, the projects constructed by Hung Thinh Incons are all received good feedback from investors and customers.
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Sky Center Apartment – Project constructed by Hung Thinh Incons has been handed over to customers
The growth of Hung Thinh Incons is also thanks to the advantages of the supply chain of the whole Corporation with many companies being in charge of different areas to provide maximum support. With those supports, Hung Thinh Incons has a great advantage from the stability of output. However, the Company is also diversifying revenue from contracts with other investors and expanding bidding in infrastructure such as BT, ...
In addition to the strength of the appraised construction capacity through large and small projects, Leadership of Hung Thinh Incons has good management and operation capacity. Mr. Nguyen Dinh Trung, Chairman of Hung Thinh Corp is currently Chairman of Hung Thinh Incons. According to assessment of SSI, the growth rate of construction sector has a close relationship with the development of the real estate market. Along with the warming up of Vietnam's real estate market since 2015, enterprises in the construction sector guaranteed a large workload and achieved prosper business results in recent years.
SSI forecasts that the construction sector will continue to grow strongly in 2019 and in the next 5 years thanks to the fact that (1) macroeconomic foundation continue to move well, (2) housing demand is high in big cities, (3) FDI capital increase strongly in Vietnam and (4) large-scale infrastructure investment projects will continue to be a strong motivation for the sustainable development of the construction sector.
By ndh.vn
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