Tasco Corporation (Ticker: HUT) has announced its plan to sell over 178.5 million shares to existing shareholders at a ratio of 5:1. The final registration date for this share purchase is June 30, 2025, with funds to be received between July 7 and August 20, 2025. The price per share is set at 10,000 VND, potentially raising over 1.785 trillion VND to increase capital for investment activities, particularly for subsidiaries like Tasco Insurance and VETC. If successful, Tasco’s charter capital will rise from over 8.925 trillion VND to more than 10.710 trillion VND.
According to the Q1 2025 financial report, Tasco recorded a net revenue of nearly 6.976 trillion VND, with a net profit of over 37 billion VND. For 2025, Tasco plans a post-tax profit forecast of 571 billion VND, achieving 6.5% of the quarterly target. As of March 31, 2025, total assets increased slightly to nearly 29.633 trillion VND, while total debt rose by 3.6% to 18.069 trillion VND.
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