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HVC Group achieved revenue exceeding the plan in 2022, growing 42% compared to 2021

03/01/2023

HVC Group (HOSE: HVH) recorded revenue in 2022 of VND 437.6 billion, 13.3% higher than the plan, up 42% over the same period.

April 2022, at the Annual General Meeting of Shareholders of HVC Investment and Technology Joint Stock Company (HVC Group, website: hvcgroup.net), in the face of unpredictable developments of the epidemic and the "gloomy" situation of the market. In the market, HVC sets the target of annual production and business plan with total revenue of 386 billion dong, profit after tax of 31 billion dong, continuing to develop sustainably, bringing benefits to shareholders, employees and employees. client.

However, thanks to a reasonable business strategy, implementing the "dual goal" of both production, bidding and accelerating the construction of projects across the country, HVC has grown beyond the 2022 plan. ” is one of the market leaders in electromechanical and high-end entertainment equipment.

Accordingly, HVC Group recorded a revenue of VND 437.6 billion in 2022, up 13% compared to the plan. Compared to 2021, the business grew by 42%.

The largest water music in Southeast Asia at The Global City designed and built by HVC "at a speed" in just 50 days

In 2022, the biggest breakthrough of HVC Group is to become the largest water music contractor in Southeast Asia at The Global City and to supply equipment, construct and renovate water music in Van Phuc City. With the ability to design and construct "speedy", HVC soon completed and handed over the packages on time, which was highly appreciated by Masterise Homes and Van Phuc Group. Having impressed with a series of large-scale fountain projects, in the past year, water music is considered a "stretching arm" that helps HVC improve its position in the field of high-end entertainment equipment general contractor.

September 2022, HVC Group completed and handed over the water park at Vinhomes Dai An

Last year was also the year that HVC maintained its No. 1 position in the market in the field of water park design, construction and installation. This is confirmed through a series of projects handed over: Son Tien Water Park (Bien Hoa, Dong Nai), Ocean Kingdom water park (under NovaWorld Phan Thiet), Vinhomes Dai An project water park (Hungary). Yen). Besides, at the same time, HVC signed 2 contracts to design water park technology for Bao Son Paradise Amusement Park (Hanoi) and Me Kong Resort (Ben Tre).

At Ocean Kingdom water park, HVC is the general contractor for the construction of water filtration and treatment items

Not stopping there, HVC also "launched" many types of swimming pools in projects across the country such as the island villa swimming pool of Garden King Resort & Villa; Olympic standard swimming pool, saltwater swimming pool, indoor swimming pool, canvas swimming pool belonging to Vinhomes Dai An and many other projects across the country.

HVC Group implements Olympic standard swimming pool at Vinhomes Dai An
Swimming pool for island villas at King Garden Resort & Villa built by HVC

Proud to be one of the pioneers in bringing the technology of freezing snow to Vietnam. In 2022, HVC successfully handed over the first phase of sauna and cold sauna technology at Yoko Onsen Quang Hanh with 70 villas. This event received positive feedback from investor Sun Group and marked a new step for HVC in the high-end entertainment equipment market.

In the field of M&E General Contractor, HVC Group maintains the role and position of the Top 5 prestigious M&E contractors in Vietnam with consecutively winning betel nut and signing high value contracts. Specifically: General contractor of electricity and water for 261 townhouses and shophouses at The Horizon Bay Ha Long project; General contractor for construction of infrastructure M&E system phase 2, 3 Low-rise project of Vinhomes Dream City, M&E system for 146 villas of Coral subdivision, M&E of Ring Road 3.5 of Vinhomes Dream City; Construction of M&E main route for sales at Vinhomes Dai An project…

HVC is the general contractor for M&E construction at Danko Plaza and received a letter of praise from the investor for the progress and quality of the work.

During the year, HVC also handed over many important projects such as Vinhomes Grand Park, Danko Palza, a series of other packages of various types from office M&E, school M&E, infrastructure... appreciate and send letters of praise.

Efforts in 2022 are shown by numbers that show HVC Group's ability to successfully cope with challenges, overcome crises and open up bright prospects. In 2023, it is predicted that the market will continue to face many difficulties, but HVC is determined to maintain a stable and sustainable growth rate, worthy of the trust of customers, shareholders and investors.

 

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