In the context of the real estate market gradually recovering thanks to credit support policies and cooling interest rates, Saigon Thuong Tin Real Estate Joint Stock Company - TTC Land (HOSE: SCR) recorded positive business results in the third quarter of 2025, with improved revenue and profit, exceeding the annual plan, gross profit margin maintained at a high level and a safe financial structure.
This result shows that the comprehensive restructuring strategy over the past two years has been effective, creating a solid foundation for the growth period of 2026-2027.
Achieving 118% of the revenue plan and 134% of the pre-tax profit plan
According to the 3rd quarter 2025 Financial Report, TTC Land recorded net revenue of VND 431 billion, an increase of 234% over the same period last year. Gross profit reached VND 244 billion, equivalent to a gross margin of 56%, the highest among listed real estate enterprises, reflecting the effectiveness of restructuring the product portfolio, optimizing costs and increasing the proportion of revenue from the trade - service sector.
In the context of the "quiet" real estate transfer sector, TTC Land has flexibly repositioned its strategy, focusing resources on sectors with stable cash flows such as leasing, services and construction. As a result, revenue in the first 9 months of the year reached VND 950 billion, pre-tax profit VND 67 billion, far exceeding the yearly plan after only three quarters. This achievement is a testament to the success of the restructuring strategy, helping the business control costs, optimize operations and strengthen the financial foundation for the new growth cycle.
As of September 30, 2025, TTC Land's total assets reached VND 13,018 billion, equity VND 5,496 billion, liabilities VND 7,523 billion, equivalent to a debt/total capital ratio of 57.8% - among the mid-cap businesses with the safest financial structure on the market.
Sustainable development orientation 2026-2027
Strategic orientation for the period 2026-2027, TTC Land continues to maintain high profit margins, increase the proportion of operating and leasing revenue, aiming for a balanced development model between short-term and long-term cash flows. The enterprise is also preparing to apply IFRS standards, disclose bilingual information, integrate ESG indicators in annual reports, demonstrating a commitment to transparency, professionalism and towards international governance standards.
As a testament to these efforts, in 2025, TTC Land continues to be honored in the IR Awards Program - Enterprises meeting Information Disclosure Standards on the stock market, jointly organized annually by Vietstock, the Vietnam Association of Financial Investors (VAFE) and FiLi Electronic Magazine. This is the second consecutive year that TTC Land has been recognized in the list of more than 400 enterprises with transparent information, affirming its capacity to disclose standards and responsibility to shareholders and the investor community.
Perspective of the TTC Residential Area project of more than 42 hectares in Trang Bang, Tay Ninh, just announced by TTC IZ in cooperation with TTC Land for development
Recently, TTC Land continued to expand its cooperation with Thanh Thanh Cong Industrial Park Joint Stock Company (TTC IZ) to develop Thanh Thanh Cong Residential Area (TTC Residential Area) - an ecological urban project of more than 42 hectares in Trang Bang, Tay Ninh. The project is considered a strategic step, marking the expansion of TTC Land to satellite cities with good infrastructure connections, large land funds and high housing demand - opening a new growth phase for the enterprise.