The predecessor of Tri Viet Education Group Joint Stock Company is Vietnam Talent Training Joint Stock Company, established in 2010. Currently, Tri Viet Education Group Joint Stock Company operates under Business Registration Certificate No. 0106182582 issued by the Hanoi Department of Planning and Investment with current charter capital of more than 50.59 billion VND.
CAR is an organization specializing in investing in training projects; researching, building and developing products/services for skills training, enriching knowledge and arts for Vietnamese children on the basis of applying the latest technologies in building training programs and referring to advanced educational content and methods of countries with developed education.
In 2023, Tri Viet Education Group Corporation's net revenue will reach VND 40.5 billion, an increase of 35.8% compared to 2022 due to the expansion of the affiliated school system in the northern region, bringing growth to business activities.
In particular, revenue from the FasTracKids - STEM program grew strongly by 172% in 2023, reaching 10.9 billion VND, accounting for 27% of the company's net revenue.
Revenue from experiential education programs also reached VND 8.9 billion, accounting for 22% of net revenue and growing 56% compared to 2022, because in 2023, schools and education systems reorganized extracurricular programs for students after the Covid-19 period, causing demand to increase significantly.
In addition, net revenue from the CARA summer camp program, although down 7% compared to 2022, still accounts for a large proportion of 30%.
In addition, since August 2023, CAR has successfully developed Edutech STEM Tri Viet software for primary school programs and introduced it to schools in the Northern region. The number of affiliated primary schools has also increased from 30 to 35 primary schools, accordingly, net revenue from other programs in 2023 increased by 32% compared to 2022.
In the first 6 months of 2024, Tri Viet Education Group Corporation's net revenue reached 17.28 billion VND, equivalent to 34.22% of the 2024 plan.
In terms of revenue structure, the experiential education program still contributes the largest proportion of 38%, reaching 6.5 billion VND. Revenue from the FasTracKids – STEM program and the CARA summer camp program both account for about 26%.
Tri Viet Education Group Corporation's revenue will focus mainly on the last 6 months of the year, accounting for about 70% of the year's net revenue because this is the time to develop summer camp programs and experiential education programs at the beginning of the new school year for schools and major partners.
From July 13, 2022, CAR shares have been registered for trading on UPCoM.
After 2 years of familiarizing with the regulations on the UPCoM floor, the Company has officially transferred its listing to the HNX with higher listing conditions and more information disclosure obligations. This is considered an important milestone in the Company's development process.
Source: https://nhandan.vn/co-phieu-car-chuyen-tu-upcom-len-niem-yet-chinh-thuc-tai-hnx-post838223.html
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