First Real Estate JSC

First Real Estate JSC

HHOSE:FIR
2,920.00
VND
-20.00
(-0.68%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Thuc Luan Than Ha
Full Time Employees
34
Sector
Finance
Industry
Real estate development
Address
Da Nang Vietnam
IPO Date
Oct 9, 2018
Website
fir.vn
Business
First Real Estate Joint Stock Company is a Vietnam-based real estate investment, development, and services company primarily operating across the Central Vietnam region. Founded in 2014 and headquartered in Da Nang, Vietnam, the company operates across three core business segments: Real Estate Investment and Development, Real Estate Brokerage and Distribution Services, and Healthcare and Wellness Services. First Real Estate provides a comprehensive suite of products and services, which includes the development, construction, and sale of master-planned urban residential areas, land plots, townhouses, and commercial shophouses; the development and operation of coastal hospitality, eco-tourism, and resort properties; project distribution, marketing, brokerage, and exclusive sales agency services for residential and commercial property developers; real estate asset management, investment consultancy, and legal project advisory services; and medical and healthcare facility operations. The company's primary real estate operations and project portfolio are concentrated in Da Nang, Quang Nam, and Quang Binh, targeting retail homebuyers, commercial investors, and institutional property partners. In recent developments, First Real Estate executed a strategic business diversification by expanding into the medical and healthcare sector, highlighted by its acquisition of a significant equity stake in Bach Ma General Hospital Joint Stock Company to develop integrated medical-wellness urban projects in Central Vietnam. In addition, the company has implemented capital structure reorganizations and targeted equity and debt financing initiatives to fund flagship urban township developments, including the La Celia City project in Quang Binh, while continuing to restructure its distribution network and project management subsidiaries to optimize operational efficiency.