Business Briefs 30 July 2019

30-Jul-2019 Intellasia | | 8:50 AM Print This Post

* Binh Minh Plastics JSC (BMP) in a recent financial report said its net revenue in the second quarter of the year exceeded VND1 trillion, a 6%-year-on-year increase, but the after-tax profit fell 14% to DU8 billion. During the first half of the year, BMP generated over VND2 trillion, rising 21 % against the year-ago figure, while it encountered a 6.7% drop in after-tax profit to total VND210 billion.

* Saigon Hanoi Securities JSC (SHS) has announced its business results for the second quarter of the year with revenues exceeding VND260 billion, down 9% versus the 2018 figure, after-tax profit of VND54 billion, rising a staggering 38% year-on-year. In the year to June, the brokerage’s turnover from its operations slumped by 19% against last-year figure to over VND520 billion, and its after-tax profit was put at VND114 billion, down 35%.

* Nguyen Thanh Phong, a board member of Thu Dau Mot Water JSC (TDM), has registered to sell 300,000 TDM shares from July 29 to August 26 via matching and put-through deals, to cut his holding at the firm by a half to 300,000 shares, or a 0.31 % stake.

* SCIC Investment Company, a unit related to Le Song Lai as board chairman of Baominh Insurance Corporation (BMI), has failed to purchase one million BMI shares between June 26 and July 24 via matching deals, so SCIC currently owns no BMI shares.

* July 29 has been chosen as the ex-dividend date for shareholders of Petro Vietnam Drilling and Well Service Corporation (PVD) to receive a 2017 share dividend of 10%, equivalent to over 38 million new PVD shares to be issued. The record date will be July 30.

* Nguyen Trung Kien, general director at Due Long Gia Lai Group JSC (DLG), sold 2.44 million DLG shares on July 23 via put-through deals. After the transactions, he holds over 11,000 shares of the firm.

* Vicostone JSC (VCS) is set to invite feedback from its shareholders on using 3.2 million treasury shares to reward them. The record date is August 13 and it will collect feedback from August 20 to 29, according to


Category: Business, Vietnam

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