Stock market briefs

10-Aug-2018 Intellasia | The Saigon Times | 6:02 AM Print This Post

Van Phat Hung Corporation (VPH), 10.97 percent owned by PYN Elite Fund and 5.71 percent held by Construction Bank, said its consolidated net profit rocketed 48.78-fold year-on-year to VND19.32 billion in the second quarter of this year. Its consolidated net revenue fell 64.97 percent year-on-year to VND191.49 billion in the period. Its sales costs plunged 78.42 percent year-on-year to VND114.51 billion in quarter two. VPH made a consolidated net profit of VND42.92 billion from its net revenue of VND311.21 billion in the first half of this year, up 6.14-fold and down 45.16 percent year-on-year, respectively. Its debt ratio stood at 52.97 percent as of end-June, up from 50.36 percent late last year.

HCM City Le Van Chung, general director of International Development and Investment Corporation (IDI), successfully sold six million IDI shares via matching and put-through transactions between July 26 and August 6. He now holds a 0.07 percent stake in IDI, or over 118,000 shares. Besides, Le Van Thanh, a member of the board of directors, and Nguyen Thanh Hai, deputy general director at IDI, sold two million and one million IDI shares from August 2 to 7. Currently, Thanh holds 85,000 such shares while Hai has none.

HCM City Gia Phu Real Estate Trading and Investment Co Ltd, a shareholder of Saigon-Mien Trung Beer JSC (SMB), has registered to acquire over 612,000 SMB shares in matching and put-through transactions from August 9 to September 7. If the deal is successful, Gia Phu’s stake in SMB would rise to 5.02 percent, or 1.5 million shares.

HCM City KSH Investment and Development JSC (KSH) has decided to pour an additional VND150.8 billion into its subsidiary Tam Nguyen Investment Co Ltd Afterwards, KSH will hold 94.61 percent of the latter’s capital, equal to over VND185.4 billion.

HCM City Saigon Thuong Tin Real Estate JSC (SCR) has decided to spend VND49 billion, or 98 percent of its chartered capital, establishing TTC Land Long An Real Estate Investment JSC, which will be headquartered in the southern province of Long An.

HCM City City Auto Corporation (CTF) announced that it will pay its interim cash dividend for 2017 at 10 percent. The record date is August 29 while the payment date is expected to be November 30.

http://english.thesaigontimes.vn/61852/stock-market-briefs.html

 


Category: Stocks, Vietnam

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