Dat Xanh Group (DXG) announced that foreign investors, led by Dragon Capital, successfully purchased 2.8 million shares of DXG on April 29, 2025. Dragon Capital raised its ownership from 12.72% to 13.04%, equating to nearly 113.6 million shares after the transaction, with an estimated expenditure of around 42.4 billion VND. In Q1 2025, Dat Xanh recorded a revenue of 924.9 billion VND, a decrease of 13.1% compared to the same period last year, but gross profit increased by 8% to 510.3 billion VND. Financial revenue also rose by 39% year-on-year. The company reported a net profit of 78.5 billion VND, a slight increase over 77.6 billion VND from the previous year. As of March 31, 2025, total assets reached 33,669.1 billion VND, with inventory accounting for 39.8% and cash assets 4.1 times higher than last year, at nearly 5,106.7 billion VND.
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