Vietnamese Company Exploits ‘1 Capital 5 Profits’ Mineral for Defense and Batteries with 5 Quarters of Triple-Digit Profit Growth, Stock Price Increased Sixfold in a Year

Hà Giang Mechanical and Minerals Joint Stock Company (stock code: HGM) reported revenues of VND 279.2 billion in Q2 2025, up 233% year-on-year. Net profit reached VND 204.9 billion, a 311% increase. In the first half of the year, HGM’s revenue was VND 433.4 billion (up 217%) and net profit was VND 306.8 billion (up 346%). Most revenue came from exporting Antimony, which alone accounted for VND 430.98 billion, increasing by 246%. HGM has achieved five consecutive quarters of over 100% growth. Antimony, a strategic mineral, is vital for military applications and high-tech sectors, used in ammunition, batteries, and various technology products. HGM’s stock has increased sixfold within a year, closing at VND 325,000 per share on July 18, 2025, with a market capitalization exceeding VND 4 trillion.