The Vietnam Minerals Corporation (Vimico, stock code: KSV) recently issued a statement to the State Securities Commission of Vietnam (SSC) and the Hanoi Stock Exchange (HNX) regarding KSV’s surge for 5 consecutive sessions from December 31, 2025, to January 8, 2026. Vimico explained that the stock’s increase was primarily due to general market conditions, emphasizing that investor decisions on buying and selling stocks are beyond the company’s control. All operational activities are reported to be normal without any special fluctuations. Vimico is known as a subsidiary of the Vietnam National Coal and Mineral Industries Holding Corporation (Vinacomin) which holds 98.06% of its charter capital. The company’s business sectors include producing non-ferrous metals, mining for various ores, and civil engineering projects. In 2025, consolidated revenue is projected to reach 14.454 trillion VND, with a profit of 2.399 trillion VND; for 2026, the goals are 13.842 trillion VND in revenue and 2.042 trillion VND in profit.
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