DXG posted Q4 2021 results with net revenue of VND2.3tn (USD99mn; +123% YoY) and NPAT-MI of VND275mn (USD12mn) vs Q4 2020’s net loss of VND108bn (USD4.7mn). DXG continued to hand over pre-sold units at Gem Sky World, resulting in strong gross margin for the development segment in Q4 2021. Meanwhile, brokerage services declined YoY as sales events were limited in Q4 2021.