Novaland Reports Nearly VND 1.8 Trillion Profit in First Half, Financial Revenue Boosts Amidst Real Estate Slowdown
Real estate developer Novaland (NVL) announced a post-tax profit of nearly VND 1.8 trillion (approximately $72 million USD) for the first half of the year. Despite a decline in real estate transfer revenue, a surge in financial income helped the company achieve 96% of its full-year profit target, as it continues financial restructuring efforts.
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