(NCĐT) In 2025, Searefico sets a revenue target of VND 2,200 billion, more than double the figure recorded in 2024. On April 24, 2025, Searefico’s Annual General Meeting of Shareholders approved all proposals, including an ambitious business plan projecting a profit growth of over 40% for the parent company compared to 2024. This target is considered highly achievable, backed by a record-breaking backlog of over VND 3,000 billion, with an additional VND 2,000 billion expected to be secured in the remaining eight months of 2025.
Searefico CEO, Mr. Nguyễn Khoa Đăng. Photo: Provided.
Mr. Nguyen Khoa Dang, CEO of Searefico, outlined the company’s 2025 business goals, highlighting several bright spots: contract value is expected to reach VND 2,700 billion, up 22% compared to 2024. Revenue is projected to hit VND 2,200 billion, more than double the 2024 figure, while consolidated post-tax profit is targeted at VND 39 billion, 3.2 times higher than the 2024 result.
For the parent company, post-tax profit is expected to reach VND 12.6 billion, representing a 5.25-fold increase compared to the 2024 plan, and over 40% growth versus the actual 2024 performance. This solid result lays the foundation for Searefico’s plan to resume dividend payments in 2025, with a proposed payout ratio of 10%.
As of the end of Q1/2025, Searefico’s backlog has reached a record high of VND 3,000 billion – three times the 2024 revenue – ensuring a stable work pipeline and revenue stream for upcoming quarters, and serving as a strong base to realize the 2025 business plan. In addition, Searefico is preparing to construct the Searefico Tower, marking a new milestone in the company’s journey toward international integration.
According to Mr. Khoa Dang, a noteworthy factor is that these contracts are backed by financially and legally sound investors, with full compliance with legal regulations. The company also has a pipeline of bidding opportunities worth an additional VND 2,000 billion. The 2025 plan is considered cautious, as it is based on the assumption that only about 60% of each project’s revenue will be realized, making the targets highly achievable.
In the industrial real estate and logistics sector, Searee is investing in the development of the Searee Complex Building (SIB) — a LEED & FM-certified facility designed to support the company’s logistics expansion. The SIB project received construction approval on April 18, 2025, and is scheduled for completion in Q1/2026.
At the 2025 Annual General Meeting of Shareholders, the shareholders elected Mr. Tadashi Kono — Executive Officer of the Management Planning Division at Sanyo Engineering & Construction — as a new member of the Board of Directors, replacing Mr. Yoshihiko Shiotsugu, who was officially dismissed from his position.
Source: Nhịp Cầu Đầu Tư
