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External broker reports(aggregated public sources)

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Equity Bottom-Up

Kinh Bac City Development Share Holding / Equity Bottom-Up

Kinh Bac City Development Share Holding (KBC VN)

<ul><li>Business results recorded net revenue and consolidated net profit after tax attributable to parent company shareholders of VND 3,700 billion (+254% YoY) and VND 1,200 billion (+685% YoY), respectively.</li><li>Revenue was primarily driven by industrial park (IP) land leasing, reaching VND 2,830 billion (+432% YoY).</li><li>The results reflect a clear recovery, with the company recognizing revenue from leasing 86 hectares (+462% YoY), mainly from the Hung Yen Industrial Cluster. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Business results recorded net revenue and consolidated net profit after tax attributable to parent company shareholders of VND 3,700 billion (+254% YoY) and VND 1,200 billion (+685% YoY), respectively.Revenue was primarily driven by industrial park (IP) land leasing, reaching VND 2,830 billion (+432% YoY).The results reflect a clear recovery, with the company recognizing revenue from leasing 86 hectares (+462% YoY), mainly from the Hung Yen Industrial Cluster. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

KBC - Laying the Foundation for Long-Term Growth Prospects