Dat Xanh Corporation (DXG) has approved a plan to issue 93.5 million private shares to up to 20 foreign professional investors at a price of 18,600 VND per share. The shares will be restricted from transfer for one year. This offering is expected to raise 1.739 trillion VND, which will be used to invest in Hanoi Real Estate Investment and Business Joint Stock Company. In Q3 2025, Dat Xanh reported a net revenue of 1,068 billion VND, but gross profit declined by 7.6% due to rising costs. Nonetheless, net profit reached nearly 163.6 billion VND, 2.2 times higher than the same period last year. For the first nine months of 2025, net revenue reached 2,272 billion VND, down 14.9%, while net profit after tax increased by 109.1%. As of September 30, 2025, Dat Xanh’s total assets grew by 20.6% from the beginning of the year to over 35,209.7 billion VND.
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