Da Nang Housing Development JSC
HHNX:NDX5,300.00
VND
+300.00
(+6.00%)
Da Nang Housing Development JSC
HNX:NDX
(Hanoi Stock Exchange)
Recent
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5,300.00
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ratio
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div
yld
- -
ROIC.AI
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- Business
- Da Nang Housing Development Joint Stock Company (HNX: NDX) is a Vietnam-based corporation primarily engaged in real estate investment and development, general civil and industrial construction, and the manufacturing and distribution of building materials. The company operates through three core business segments: Real Estate Development, Construction Contracting, and Building Materials. Its comprehensive product and service portfolio includes the development, construction, and marketing of residential housing projects, social housing complexes, mixed-use commercial buildings, and planned urban townships; general construction, civil engineering, and installation contracting services for commercial facilities, residential properties, industrial plants, and municipal infrastructure, encompassing structural engineering, mechanical and electrical (M&E) systems installation, and architectural finishing; the production, processing, and supply of construction materials, comprising ready-mix commercial concrete, precast concrete elements, unbaked bricks, crushed stone, sand, and cement; and property-related support services, including commercial office and warehouse leasing, real estate brokerage, property management, and project investment consultancy. Founded in 1992 and headquartered in Da Nang, Vietnam, the company primarily serves public sector entities, private developers, industrial enterprises, and individual retail homebuyers across Da Nang and the broader Central Vietnam region. In recent operational developments, Da Nang Housing Development Joint Stock Company has executed a strategic restructuring program to align with revised national real estate and land management regulations. To optimize revenue diversification, the company has expanded its commercial concrete batching and building material supply operations to support regional public infrastructure and industrial zone developments, while selectively recalibrating its residential project development pipeline. Furthermore, the company has enhanced its strategic alliances with regional infrastructure contractors, restructured its internal corporate governance and project management workflows, and streamlined its asset base through non-core divestments to reinforce working capital and operational resilience.