Kinh Bắc Sets 2026 Profit Target of VND 3 Trillion, Focuses on AI City and Clean Energy Strategy
Kinh Bắc aims for a consolidated revenue of VND 10 trillion and a profit of VND 3 trillion in 2026, marking a significant growth trajectory. The company is transitioning from traditional industrial real estate to high-tech ecosystems and renewable energy, emphasizing its commitment to smart urban development and data center initiatives.
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Kinh Bắc's 2026 plan includes a target of VND 3 trillion in profit and a revenue goal of VND 10 trillion, representing increases of 50% and 36% respectively from 2025. The company will distribute a 20% cash dividend for the first time since 2018, reflecting confidence in future cash flows despite high capital needs.
The Tràng Cát project, a key focus, has seen investments near VND 10 trillion and aims to establish an AI City leveraging advanced technologies. Additionally, KBC is entering the AI Data Center and clean energy sectors to support large technology firms.
The company reported a land bank increase of over 3,000 hectares and is actively seeking new financing solutions amidst a tight credit environment. This strategic shift could reshape Kinh Bắc's market positioning and attract significant foreign investment.
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