Son of Chairman of Nam Kim Steel Purchases 5 Million NKG Shares

Mr. Ho Minh Phat, son of the Chairman of Nam Kim Steel, reported purchasing 5 million NKG shares from February 2 to February 23, 2026, increasing his ownership to 1.12% of the company. Chairman Ho Minh Quang currently holds over 71 million shares, accounting for 15.87% of the capital. In Q4 2025, Nam Kim Steel recorded revenue of 3.174 trillion VND, down nearly 30% year-on-year, with a net loss of 9 billion VND, compared to a profit of 18 billion VND in the same quarter previous year. For the whole year, net revenue was 14.8 trillion VND with a net profit of 197 billion VND, down by 28% and 56% respectively compared to the previous year. Notably, domestic revenue surpassed export revenue for the first time, reaching 8.8 trillion VND, while exports fell to 6 trillion VND. The Board announced a suspension of the ESOP 2025 plan but will adjust it for presentation at the upcoming General Assembly. A maximum of 4.5 million shares is expected to be issued at a price of 10,000 VND per share.

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