The Hoang Anh Gia Lai Joint Stock Company (HAG) has officially exited the warning status from the Ho Chi Minh City Stock Exchange as of August 26, 2025, having eliminated its accumulated losses as reported in its financial statement showing a profit of 409 billion VND. Following this news, HAG’s stock surged to 17,200 VND/share, the highest since August 2015, with liquidity reaching nearly 25 million units. Since the beginning of 2025, HAG’s stock price has increased by 43%, raising its market capitalization by nearly 5.5 trillion VND. For the first half of 2025, total revenue reached 3.709 trillion VND, up 34%, with net profit of nearly 834 billion VND. However, the financial situation also shows short-term debts exceeding short-term assets by 2.767 trillion VND, posing risks to the company’s operational capability. HAG is planning to liquidate financial investments, recover loans, and issue bonds to restructure debts.
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