Corona Phu Quoc operator reports US$1.99bn liabilities in H1
The Vietnamese tourism company’w accumulated losses reached $238.4m by June 30.
Vietnam.- Phu Quoc Tourism Development and Investment JSC, the parent company of Corona Resort & Casino Phu Quoc, has reported that its liabilities climbed by almost VND11tn to VND51.67tn (US$1.99bn) in H1. Meanwhile its registered capital rose from VND7.5tn (US$288.9m) to VND10tn (US$385.1m).
The figures were disclosed in the company’s semi-annual financial statement submitted to the Hanoi Stock Exchange. Liabilities include VND7.48tn (US$288.1m) in outstanding bonds and roughly VND283bn (US$10.9m) in bank borrowings. The bulk of its liabilities was classified under other liabilities, which include customer advances and short- and long-term payables.
The company ended June with shareholders’ equity of about VND3.81tn (US$146.7m), while accumulated losses reached VND6.19tn (US$238.4m). The after-tax loss was VND211.4bn (US$8.1m), 62.5 per cent lower than in the first half of 2025.
The result follows a loss of VND918bn (US$35.4m) for the full year in 2025. Established in 2014, the company operates tourism, hospitality and entertainment assets on Phu Quoc Island, including resorts, hotels, real estate and leisure facilities.
