PARKLAND 53 COMPANY LIMITED

PARKLAND 53 COMPANY LIMITED, registered under Business ID 0313502921, is a foreign direct investment (FDI) enterprise based in Ho Chi Minh City, Vietnam. Legally structured as a one-member limited liability company, the firm has been operational since 2015. It is wholly owned by Eastern Real Estate Investment and Trading Limited Liability Company, a domestic investor headquartered in Ho Chi Minh City. The company specializes in trading owned or leased property and land use rights, with additional activity in auxiliary financial services.

The company operates from its registered address at Room 5.09, 5th Floor, ST Moritz Building, 1014 Pham Van Dong Street, Thu Duc City. It is currently led by Ms. Vu T. P. T., a Vietnamese national who serves as General Director. Although the firm employs only three people, it manages a portfolio of high-value real estate assets and financial activities with capital-intensive operations.

Financially, PARKLAND 53 COMPANY LIMITED holds a strong balance sheet, with total assets reaching USD 309.85 million as of year-end 2024, reflecting a 10.35% year-over-year increase. Owner’s equity also grew to USD 31.35 million, up by more than 10% compared to the previous year. After reporting a loss in 2023, the company rebounded strongly in 2024 with a net profit of USD 1.45 million, representing a 289.57% increase year-over-year, a sign of renewed profitability and better cost control.

While revenue dropped from USD 126.7 million in 2023 to USD 78.66 million in 2024—a decrease of nearly 38%—this may reflect a shift in transaction timing or portfolio restructuring rather than a structural decline. The company’s working capital is healthy at over USD 122 million, reinforcing its liquidity and ability to meet short-term obligations, even amid sales fluctuations.

As Vietnam’s real estate market continues to evolve, PARKLAND 53 COMPANY LIMITED appears well-positioned to capitalize on long-term urban development trends, particularly in high-growth districts such as Thu Duc and former District 2. However, as with all companies in this capital-intensive sector, long-term success will depend on careful financial management, market timing, and regulatory adaptability.

For investors, creditors, or potential partners seeking a deeper understanding of PARKLAND 53’s debt structure, project pipeline, or ownership linkages, a detailed and updated company report is available through VANGUARD BUSINESS INFORMATION LLC (VNBIS). The report includes risk assessment, credit standing, and financial projections critical to informed decision-making.