HCMC – Dragon Capital has elevated its possession in Duc Giang Chemical substances Group JSC, whose DGC shares are traded on the Hochiminh Inventory Change (HOSE), from 5.96% to six.07%.
Vietnam Enterprise Investments Restricted Fund, a member of Dragon Capital, bought 400,000 DGC shares on March 13.
Based on DGC’s 2023 marketing strategy, its income is predicted to drop 24.7% over 2022 to VND10,875 billion, whereas its revenue after tax would plunge by half over the year-ago determine to VND3,000 billion.
The agency additionally plans to pour VND50 billion into its NPK fertilizer manufacturing unit within the Central Highlands province of Dak Nong and VND500 billion into the Duc Giang-Nghi Son chemical advanced undertaking within the north-central province of Thanh Hoa.
Final 12 months, it posted over VND14.4 trillion in income and VND6 trillion in revenue, up 51.2% and 140.2% over the previous 12 months, respectively.
Closing the buying and selling session right now, March 16, DGC slid 0.95% in opposition to the earlier session to VND52,000 per share and reported an identical quantity of over a million shares.
On the southern bourse, the benchmark VN-Index shed 14.79 factors, or 1.39%, in opposition to yesterday’s buying and selling session at 1,047.4, with decliners outnumbering advancers by 358 to 55.
Turnover on the HCMC market contracted over 14% in quantity and 12% in worth versus the earlier session at near 532.9 million shares and greater than VND9.4 trillion, together with 68.7 million shares valued at over VND1.4 trillion traded in block offers.
Metal inventory HPG took the lead by liquidity right now, with over 30.2 million shares value VND20,850 every altering palms.
With 42 winners and 124 losers, the HNX-Index on the Hanoi Inventory Change misplaced 2.82 factors, or 1.36% day-on-day, at 204.19.
There have been round 48.3 million shares value over VND730.5 billion traded on the northern bourse, together with 4.4 million shares transacted in put-through offers value greater than VND82.5 billion.
