Hoang Anh Gia Lai aims to issue 210 million shares to swap debt, targets profit of 1.114 trillion

Hoang Anh Gia Lai Joint Stock Company (HAGL, HAG stock code) has announced a plan to issue 210 million shares to swap debt from Group B bonds, addressing a total debt of 2 trillion VND with interest of 1.936.5 trillion VND, maturing in December 2026. Additionally, HAGL will cancel the ESOP issuance plan for 2023, replacing it with a bonus share issuance for employees. Regarding business plans, HAGL aims for a total revenue of 5.514 trillion VND in 2025, with fruits making up 76%, pigs 19%, and 5% from other goods, targeting a post-tax profit of 1.114 trillion VND. HAGL has no new investments in fruit production, focusing instead on maintaining existing areas and optimizing pig farming without expanding barns. In Q1 2025, the company reported nearly 1.379 trillion VND in revenue, up 11.2% year-on-year, with a net profit of 360.4 billion VND, an increase of 59.2%.