A business reports profits 15 times higher year-on-year, stock price hits a ceiling for 9 sessions, increasing by 150% in 2 months

HID’s stock has shown remarkable growth, reaching 7,400 VND after 9 consecutive ceiling sessions, equating to a 150% increase from the price of 3,000 VND at the end of September. The stock liquidity has surged, exceeding 1 million shares traded each session, with one session seeing over 4.3 million shares. Halcom Vietnam’s net profit for the second quarter of the fiscal year 2025 reached over 59 billion VND, 15 times higher than the same period last year. Consolidated revenue reached 209 billion VND, doubling from last year. For the first half of the year, revenue reached 330 billion VND, showing a strong recovery compared to a loss of 17 billion VND in the previous period. The company focuses on water supply and renewable energy with key projects like Thuan Thanh Water Plant and Phuong Mai 3 Wind Power Plant. However, the rapid increase in stock price also poses risks of profit-taking, especially as the market remains in a fluctuating state.