Tasco Investment Cannot Yet Control DNP Holding

Tasco Investment has announced the purchase of over 39 million shares of DNP Holding, achieving 42.7% of its initial target of 91.63 million shares. This transaction allows Tasco to hold 27.8% in DNP Holding, while the goal was 65% to become the parent company. The shortfall is attributed to unfavorable market conditions. Many leaders at Tasco also hold key positions at DNP. DNP shares currently experience low liquidity, priced around 20,000 VND per share with a market cap of approximately 2.819 trillion VND. In Q3 2025, DNP reported revenue of nearly 2.3 trillion VND, a slight increase, but net profit fell by 21% to 53 billion VND due to restructuring investments to focus on clean water infrastructure projects. In the first 9 months, total revenue reached 7.123 trillion VND, a 12% increase year-on-year, and net profit rose by 1% to 124 billion VND.

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