Stock market briefs

04-Aug-2018 Intellasia | The Saigontimes | 6:02 AM Print This Post

Thang Long Investment Group JSC (TIG), a Vietnamese company holding a 45 percent stake in Hyundai Electronics LLC, said its consolidated net profit rocketed over 35-fold year-on-year to VND11.93 billion in the second quarter of this year. Its net revenue jumped 60.82 percent year-on-year to VND73.76 billion in the quarter, TIG said in its quarterly financial statements. In quarter two, TIG’s financial revenue soared 69.36 percent year-on-year to VND8.07 billion. In the first half of this year, TIG earned a consolidated net profit of VND26.34 billion on net revenue of VND131.44 billion, up 64.8 percent and 45.71 percent year-on-year, respectively.

HCM City Gia Lai Coffee Joint Stock Company successfully sold 6.48 million shares, equivalent to 44.17 percent of its chartered capital. As many as 38 individual investors purchased the company’s shares worth a combined VND71.5 billion, averaging out at VND11,029 per share.

HCM City The Hochiminh Stock Exchange has put An Truong An JSC (ATG) into the warning list from August 6. The company violated the regulations on disclosure of information on the stock market four times within one year.

HCM City Building Materials Corporation No.1 (FICO) on August 2 started trading over 127 million shares on the market for unlisted public enterprises, or UPCoM. Each share has a reference price of VND12,100.

HCM City DRH Holdings JSC (DRH) on August 2 was allowed to issue 9.7 million shares to take the total outstanding volume to over 58.7 million to spur its capital.

HCM City Ba Ria-Vung Tau House Development JSC (HDC) will issue more than 5.3 million shares on August 10 to make the 2017 dividend payment. The firm will then have over 50.4 million oustanding shares.

HCM City Tran Quoc Hung, head of the Board of the Supervisory from DHG Pharmaceutical JSC (DHG) will be selling 10,000 shares via matching and put-through transactions from August 7 to September 5.

http://english.thesaigontimes.vn/61708/stock-market-briefs.html

 


Category: Stocks, Vietnam

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