The company allocates nearly 1,900 billion, equivalent to 70% of assets to hold shares of Mobile World, Hoa Phat, SSI…, adding 15 million HPG shares in Q1: Reports a loss of 42 billion

Trí Việt Asset Management Group (TVC) has reported Q1 2025 financial results showing a significant decrease in net revenue by 88%, down to nearly 10.4 billion VND, primarily due to increased stock investments without realizations. Financial revenues plummeted by 91% to 6.07 billion VND, and financial costs saw a sharp rise, leading to a net loss after tax of 42.3 billion VND, contrasting with a profit of 158 billion VND in the same period last year. By the end of Q1, TVC’s total assets reached nearly 2,561 billion VND, with over 70% in securities investments, specifically around 1,862 billion VND. It has invested nearly 886 billion VND in MWG, 551 billion VND in HPG, 111 billion VND in SSI, and others. TVC owns over 20.4 million shares of HPG, increasing by 15 million shares since the beginning of the year, which is estimated to be worth over 519 billion VND at current market prices.