Thursday, July 7, 2022 4:53:12 PM - Markets open
VN-INDEX 1,166.48 +16.87/+1.47%
HNX-INDEX 271.86 -0.06/-0.02%
UPCOM-INDEX 86.38 +0.16/+0.19%
VHC: Announces better results, offers treasury shares
Vietnam News - 5/11/2022 4:25:33 PM
 (0 ratings. You must sign in to rate.)
Vĩnh Hoàn Company (VHC) announced net revenue of VNĐ3.268 trillion (more than US$142 million), up 83 per cent over the same period last year. It also recorded profit after tax of VNĐ548 billion, 4.2 times higher. 
Last week, VHC announced the sale of more than 1.4 million treasury shares to increase working capital for production and business activities not more than 30 days from the date of transaction execution. According to the financial report, these shares are worth VNĐ114 billion on the local exchange. 
VHC shares witnessed a strong uptrend in the first four months of the year from VNĐ62,800 each to VNĐ104,000 each.
At the end of the trading session on April 5, the price was 2.9 times higher than a year ago. At this year's annual shareholder meeting, the pangasius producer and exporter approved a revenue plan of VNĐ13 trillion and profit after tax of VNĐ1.6 trillion for 2022, up 44 per cent and 46 per cent respectively compared to 2021. The dividend plan would include 20 per cent in cash and 20 per cent in shares.
Trương Tuyết Hoa, a member of the board, said the profit plan increased as the demand in the first months was good, the orders received were high, and the situation was positive with better sales at supermarkets.
Hoa said the results of Q1 fulfilled 24.6 per cent of the annual revenue plan and 34.5 per cent of the year's profit after tax plan.
Last year, VCH recorded revenue of more than VNĐ9 trillion, exceeding 5 per cent of the plan and increasing by 26.3 per cent compared to 2020.   — VNS
Read original article here
Newer News
16:42 VSC: Approved the transaction with subsidiary
16:41 STG: Selection of audit firm
16:40 QBS: Establishing the Internal Audit Department
16:40 PNC: Change in personnel
16:39 TCD: Divestment at Indoba Trading JSC
16:39 STK: Announcement of public offering certificate
16:39 TDP: Holding EGM 2022
16:38 VIX: Approved the record date for 2021 cash dividend payment
16:37 VND: Report on Outstanding Voting Shares
16:37 VPB: Stock issuance under ESOP
Older News
11/05 NSC: Change in Personnel
11/05 VJC: Reminded of information disclosure
11/05 IJC: Change in Personnel
11/05 JVC: Change in Personnel
11/05 HVN: Postponment of Annual Report 2021
11/05 GMD: Reminded of information disclosure
11/05 BCE: Change in Personnel
11/05 VPD: Holding AGM 2022
11/05 VPD: BOD resolution on holding AGM 2022
11/05 UIC: Termination of operation of branch
Newsletter Signup
Top Stories
Shares pierce May-bottom on weak investor sentiment
Vietnam’s CPI up 2.44% in six months
HPG: Hoa Phat wants to invest big in two infrastructure projects
Legal framework for securities, corporate bond investment, business strengthened: SBV Governor
Steel prices cool down as input costs drop
Market Update
Last updated at 3:04:59 PM
VN-INDEX 1,166.48 +16.87/+1.47%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.