Khang Dien (KDH) recently announced that Mr. Ly Dien Son has gifted 17.7 million shares to his mother, valued at approximately 177 billion VND. Before the transaction, he held over 18.8 million shares, equating to 1.68% of the charter capital, but after, only 1.1 million shares remain, representing 0.1% of the charter capital. The transaction is expected to take place from November 12, 2025, to December 11, 2025.
Regarding business performance, KDH recorded a revenue of 2.857 trillion VND in the first 9 months of 2025, up 132%, with a post-tax profit of 841 billion VND, a 105% increase year-on-year. Securities company BSC projects an 8% increase in net profit for KDH in 2025 and a 39% increase in 2026, thanks to the Gladia by the Waters project (11.8 hectares with 226 low-rise units). Meanwhile, ACB Securities anticipates that KDH’s potential is bolstered by limited supply of low-rise housing in old District 2, ongoing infrastructure developments, and rapid growth of the middle class driving high demand for luxury villas. They project 2025 post-tax profit to reach 1.012 trillion VND, an increase of 26%.
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