Duc Giang Chemicals’ DGC stock has experienced several significant declines, currently showing no buyers and high sell volumes. Since the beginning of the year, the stock has dropped over 30%, with a market capitalization of about 30 trillion VND. Amid this situation, Dragon Capital has officially ceased to be a major shareholder after selling 200,000 shares on November 11, reducing its ownership to below 5%. This allows the fund to avoid further reporting if it proceeds to sell more DGC shares. The stock’s sudden drop coincided with Duc Giang preparing to pay a 30% dividend for 2025, amounting to 1,140 billion VND in total payments. Despite challenges, the company reported a 14.4% increase in net revenue in the first nine months, reaching over 8,521 billion VND. Duc Giang is also working on a large project in Thanh Hoa worth 12 trillion VND and signed a collaboration agreement for a bauxite – alumina – aluminum project worth 58 trillion VND.
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