Flurry of “hot news” from Bầu Đức and Hoàng Anh Gia Lai

News from Hoàng Anh Gia Lai JSC (HAG) reveals significant financial fluctuations. HAG shares will be removed from the warning list by the Ho Chi Minh City Stock Exchange on August 26, 2025, after resolving prior financial issues. On August 22, Bầu Đức sold 25 million HAG shares, reducing his ownership to 28.84%, while his son acquired 27 million shares, marking his first ownership of 2.55%. The company reported a net profit of nearly 880 billion VND in the first half of 2025, a substantial increase due to fruit sales. However, audit reports highlight that short-term debt exceeds short-term assets, raising concerns about the company’s ongoing viability. Nonetheless, Hoàng Anh Gia Lai claims to have business plans aimed at improving financial health over the next 12 months.

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