Hanoi, April 22, 2019, Vinhomes Joint Stock Company (ticker “VHM”) released its consolidated financial statements of the first quarter of 2019 (1Q2019) prepared in accordance with Vietnamese Accounting Standards (VAS).

In 1Q2019, consolidated net revenue and profit after tax attributable to shareholders of the parent were VND 5.853 trillion and VND 2.540 trillion respectively.

Revenue from sale of inventory properties in 1Q2019 was VND 4.837 trillion, accounting for 83% of total revenue. Projects under business cooperation contracts with Vingroup and its subsidiaries, including Vinhomes The Harmony, Vinhomes Imperia, Vinhomes Dragon Bay and Vinhomes Star City Thanh Hoa, reported total revenue of VND 2.282 trillion. Besides, revenue from leasing investment properties and revenue from rendering real estate management services were VND 607 trillion. In 1Q2019, consolidated profit before tax was VND 3.358 trillion, including profits received from business cooperation contract and project transfer of VND 3.118 trillion. Contracted sale including pre-sales under new sale and purchase agreements and non-cancelable deposits (including projects under cooperation development agreements with Vingroup) were VND 12.079 trillion during the first quarter of 2019, an increase of 69% over the same period of last year. As of March 31, 2019, cumulative contracted sale reached VND 242.037 trillion (*).

As at March 31, 2019, Vinhomes had total consolidated assets of VND 128.472 trillion, and total equity of VND 50.756 trillion, an increase of VND 8.783 trillion and VND 2.611 trillion respectively compared to the balances as at the end of 2018.

In 1Q2019, Vinhomes announced the restructuring of all of its product lines into two brands – Vinhomes and Happy Town – of which, Vinhomes-branded projects are mixed-use or mega projects offering mid- to high-end products in compliance with international standards.

Vinhomes mega projects will be marketed as projects developed to the “Singapore and more” standard, featuring full facilities and amenities and in line with the Vinhomes development standard. Each Vinhomes mega project will feature three distinct product lines to meet the needs of our diverse customers from the mid- to high-end segments, namely Vinhomes Sapphire (previously VinCity), Vinhomes Ruby and Vinhomes Diamond.

Vinhomes Ocean Park (previously VinCity Ocean Park) is a 420-ha Lake city, a mixed-use mega project that features Vietnam’s largest man-made lakes, including a 6.1ha salt-water lake. Vinhomes Ocean Park is expected to be launch into operation the first component, a 24.5ha fresh-water reservoir and a white sandy beach, in the 2nd quarter of 2019. Vinhomes Smart City (previously VinCity Sportia) will become the largest smart city in Vietnam. Vinhomes will apply advanced technologies in project management and services in four main areas: Smart Security, Smart Operation, Smart Community and Smart Homes. Vinhomes Smart City is a collaboration between Vinhomes and Vingroup’s technology initiatives, which is expected to set the foundation for our Company and Vingroup to apply the latest technology in our ecosystem of products and services for customers.

Last but not least, Vinhomes continues to make headway in other pipeline projects and will continue to launch more projects for the remainder of 2019.

Notes:

(*) including projects under cooperation development agreements with Vingroup and its subsidiaries

Hanoi, January 30, 2019, Vinhomes Joint Stock Company (ticker “VHM”) released its consolidated financial statements of the fourth quarter of 2018 (4Q2018) prepared in accordance with Vietnamese Accounting Standards (VAS).

In 4Q2018, consolidated net revenue reached VND 16.400 trillion, an increase of 47% year-on-year^(*). Profit before tax and profit after tax attributable to shareholders of the parent were VND 4.508 trillion and VND 2.347 trillion, respectively.

Revenue from sale of inventory properties was VND 15.432 trillion, an increase of 40% year-on-year^(*). Revenue from leasing investment properties and revenue from rendering real estate management services, which was not available in 2017, were VND 550 billion in 4Q2018. Income from business cooperation contracts (BCC) was VND 2.533 trillion, an increase of 429% year-on-year^(*).

For the fiscal year 2018, total consolidated net revenue was VND 38.806 trillion, an increase of 27% compared to 2017^(*). Besides, revenue from business cooperation contracts (BCC) with Vingroup and subsidiaries (including Vinhomes Golden River, Vinhomes The Harmony, Vinhomes Imperia, Vinhomes Dragon Bay and Vinhomes Star City Thanh Hoa) was VND 36.203 trillion. As such, revenues from Vinhomes projects and BCC projects totalled VND 75.009 trillion in 2018^(**), an increase of 146% year-on-year. Profit after tax of the parent company was VND 14.234 trillion, an increase of 27% year-on-year^(*). Earnings per share (EPS) in 2018 was VND 4,551.

As at December 31, 2018, Vinhomes had total consolidated assets of VND 117.808 trillion and total equity of VND 48.119 trillion, an increase of 130% and 375% respectively compared to the balances as at the end of 2017.

In the 4^th quarter, Vinhomes introduced VinCity Sportia in the new CBD in the western part of Hanoi and Vinhomes Marina in Hai Phong. Located on Thang Long Avenue, in the Tay Mo, Dai Mo area, the 280ha development has a mega sports complex, a lot of greeneries, open spaces, and a plethora of unique amenities, resulting in a low construction density of 14.7%. Meanwhile, the high-end project Vinhomes Marina is the first and only Mediterranean-style urban complex in Hai Phong, the third largest city in Vietnam, boasting over 1,000 villas, townhouses and shop houses, as well as a 7.2ha conditioning lake and other exciting facilities.

In 2018, Vinhomes launched four Vinhomes projects (including Vinhomes West Point, Vinhomes Star City Thanh Hoa, Vinhomes New Center Ha Tinh and Vinhomes Marina), which target high-end segment, and two mega VinCity projects, which target mid-end segments. These new projects received very strong customer interest, of which VinCity projects have recorded good sell through rates in 4Q2018. In 2018, Vinhomes pre-sold and received deposits for over 15,000 units and delivered 10,980 units, an increase of 44% and 11% respectively on a year-on-year basis.

Also in 2018, Vinhomes Riverside Eco-urban Complex was named the World’s Best Property at the 2018 International Property Award (IPA) – the most prestigious among IPA’s awards. This award is not only the first global award for Vinhomes, but also an endorsement for the quality of development and services at mixed-use properties in Vietnam generally.

Note:

(*) Comparable figures in 2017 was pro-forma based on a principle of using the similar structure of 2018’s reporting period.

(**) Revenues from BCC projects are not consolidated on Vinhomes’ income statements, but income from BCC projects are recognized as financial income.

Hanoi, October 30th, 2018, Vinhomes Joint Stock Company (“Vinhomes” or “the Company”) released its interim consolidated financial statements of the third quarter of 2018 (3Q2018) prepared in accordance with Vietnamese Accounting Standards (VAS).

In the third quarter of 2018, total consolidated revenue reached VND 6.878 trillion. Profit before tax and profit after tax to shareholders of the parent were VND 5.126 trillion and VND 3.848 trillion respectively, which were 186% and 176% higher than 3Q2017.

Revenue from sale of inventory properties was VND 5.534 trillion. Revenue from leasing and revenue from property management services were VND 702 billion. Income from business cooperation contracts (BCC) further contributed VND 1.305 trillion to profit before tax.

As at September 30th, 2018, Vinhomes had total consolidated assets of VND 138.195 trillion and total equity of VND 46.275 trillion, an increase of 169% and 357% compared to the end of the 2017 financial year.

Vinhomes has successful launched VinCity Ocean Park in October of 2018. All VinCity projects are designed to enhance life quality for homebuyers, featuring low construction density, large-scale areas dedicated to greenery and water surfaces and integrated amenities such as schools, medical facilities, office, commercial and retail components.

VinCity Ocean Park is located approximately 14km from the CBD of Hanoi, on a vast 420-hectare site, with construction density of just 19%, a first-of its kind salt lake, white sandy beaches, large green public spaces and plenty of infrastructure. The project also offers an innovative 35-year mortgage scheme at affordable rates.

In the third quarter, Vinhomes also continued to market units in its high-end Vinhomes West Point project in the heart of the West of Hanoi with Dual Key Officetels. Vinhomes West Point apartments allow buyers to use them as “home office”, “shared-office”, co-working space” or “homestay“, offering flexibility as well as an attractive investment opportunity.

Hanoi, July 30th, 2018, Vinhomes Joint Stock Company (“Vinhomes” or “the Company”) released its interim consolidated financial statements of the second quarter of 2018 (2Q2018) prepared in accordance with Vietnamese Accounting Standards (VAS).

Hanoi, July 30^th, 2018, Vinhomes Joint Stock Company (“Vinhomes” or “the Company”) released its interim consolidated financial statements of the second quarter of 2018 (2Q2018) prepared in accordance with Vietnamese Accounting Standards (VAS).

In the second quarter of 2018, total consolidated revenue reached VND 5.434 trillion, an increase of 203% year-on-year. Revenue from sale of inventory properties was VND 4.947 trillion, an increase of 3.869 trillion or 359% over the same period last year, due to deliveries at several projects including Vinhomes Central Park and Vinhomes Green Bay.

Revenue from leasing and rendering of related services and revenue from property management services have increased by more than 100% year-on-year. Income from business cooperation contracts (BCC) with Vingroup and another Vingroup subsidiary over the Vinhomes The Harmony, Vinhomes Golden River, Vinhomes Imperia and Vinhomes Dragon Bay projects amounted to VND 3.952 trillion. Profit before tax was VND 4.985 trillion, and net profit after tax was 3.882 trillion.

As at June 30th, 2018, Vinhomes had total assets of VND 117.268 trillion, total equity of VND 41.963 trillion, an increase of 129% and 314% compared with the end of the 2017 financial year.

In 2Q2018, Vinhomes introduced 3 new projects including Vinhomes West Point in Hanoi, Vinhomes New Center in Ha Tinh city and Vinhomes Star City in Thanh Hoa city. The Vinhomes West Point apartment, office and commercial complex has become a highlight in the West of Hanoi thanks to its prime location at the junction of Pham Hung and Do Duc Duc streets. The project received great interests from both local and foreign homebuyers. Particularly, the number of foreigners that have made deposits has reached the regulatory foreign ownership limit.

In Thanh Hoa city, Vinhomes Star City introduced the Rose section – the only section that has a French design out of five distinct sections in the project. With neo-classical design and popular facilities including Vinschool and Vinmec, the Rose section immediately generated good momentum from both homebuyers and investors in Thanh Hoa. The project’s shop-house component was the fastest selling and had remarkably high absorption rate.

In Ha Tinh city, Vinhomes New Center has given a boost to the local real estate market. For the first time in the city, there is a modern residential project with integrated amenities including a public square, swimming pools, BBQ garden, children playgrounds and sports areas. The project was a pioneer in creating a modern lifestyle for the locals.

On May 17, 2018, Vinhomes has successfully listed shares on Ho Chi Minh Stock Exchange under the ticker symbol VHM. Since then, Vinhomes has been among the Top 2 largest listed companies in terms of market capitalization in Vietnam.

In June, Vinhomes announced the “Happy Town” brand, offering houses from VND200 million per unit to low-income earners and workers in key industrial cities, helping them to improve their living standard. With “Happy Town”, Vinhomes offers a full suite of residential products, with Vinhomes premium and high-end properties, VinCity mid-end properties and Happy Town affordable housing.

To providing a safe living environment for Vinhomes residents, in 2Q2018, we invested VND500 billion to upgrade security and fire safety systems in all Vinhomes high-rise projects. A key upgrade was replacing all apartment front doors by fire-resistant doors of up to 70-minute protection.

In addition, Vinhomes launched the “Smart young residents” program this summer, providing free lessons on swimming, fire safety and self-protection for children. This initiative was welcome by many and received thousands of registrations across our communities nationwide.