On August 12, Vinahud Investment and Urban Development Joint Stock Company (VHD) signed a loan contract with Mr. Bùi Thành Công for more than 906.5 billion VND at an interest rate of 4% per year for a term of 6 months. Chairman Trương Quang Minh will oversee this agreement. The company operates in the real estate sector, but in the first half of 2025, its revenue dropped by 82% compared to the same period, reaching only 22 billion VND, and it incurred a loss of over 57 billion VND after tax. As of June 30, 2025, Vinahud’s total assets were 3.801 trillion VND, with liabilities of 3.768 trillion VND and equity of just over 33 billion VND. The company is facing a cumulative loss of 347 billion VND. On August 14, VHD stocks were priced at 8,100 VND/share, corresponding to a market capitalization of nearly 308 billion VND.
Leave a Reply