External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

Leading full-service brokerage firm in Vietnam. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

Khang Dien House Trading and Investment JSC / Equity Bottom-Up

Khang Dien House Trading and Investment JSC (KDH VN)

Khang Dien House Trading and Investment JSC

<ul><li>3Q25 came in strong with revenue rising 3.4x YoY to VND1,098bn and property sales climbingp 3.5x YoY to VND3,080bn.</li><li>Key contributor was Gladia’s low-rise component, which was launched in Sep-2025 but began delivering earlier than expected.</li><li>The project had completed its infrastructure and construction for 226 villas and townhouses but had held back the launch while waiting for sales-permit approval and a more supportive market backdrop. </li></ul><div class="content-highlight"><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></div>

3Q25 came in strong with revenue rising 3.4x YoY to VND1,098bn and property sales climbingp 3.5x YoY to VND3,080bn.Key contributor was Gladia’s low-rise component, which was launched in Sep-2025 but began delivering earlier than expected.The project had completed its infrastructure and construction for 226 villas and townhouses but had held back the launch while waiting for sales-permit approval and a more supportive market backdrop. 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.

Khang Dien House Trading and Investment JSC (KDH) - Visible Future Driver