Singer Khanh Phuong made a huge profit of tens of billions when investing in a loss-making company.

On October 28, 2022, Mr. Pham Khanh Phuong (singer Khanh Phuong) bought more than 3.1 million SJC shares of Song Da 1.01 Company, equivalent to 43.67%. A short time later, this singer bought an additional 66,800 shares to increase his ownership ratio to 46.65%.

By November 25, 2022, Mr. Phuong sold more than 1.63 million shares, reducing the ratio to 23.12%. At that time, SJC was trading at VND9,800/share, up 63% compared to the time Mr. Phuong bought it. The male singer made a profit of more than VND6 billion from this deal.

Currently, SJC is trading at around VND9,300/share, up 55% compared to the time Mr. Phuong bought it. With the remaining shares at SJC, Mr. Phuong is making a profit of nearly VND6 billion.

Up to now, Mr. Phuong is earning more than 12 billion VND.

Singer Khanh Phuong earned more than 12 billion VND thanks to SJC shares. (Photo: VNN)

Song Da 1.01 is a small enterprise with a capital scale of more than 70 billion VND. This enterprise has received much attention since singer Khanh Phuong joined the Board of Directors.

The company has not yet announced its financial report for the first quarter of 2023.

According to the financial report for the fourth quarter of 2022, SJC recorded revenue of just over VND 1.7 billion and a loss of over VND 5.1 billion.

Accumulated for the whole year of 2022, SJC recorded revenue of 6.7 billion VND, a sharp decrease compared to 2021 of 45.6 billion VND. After deducting expenses, this enterprise had a net loss of nearly 5.3 billion VND.

Notably, total assets at the end of 2022 reached nearly VND 1,643 billion. But liabilities accounted for VND 1,548 billion (94%), more than 16 times the owner's equity.

Miss Ngoc Han receives a salary of nearly 1 billion VND at a real estate company . As Deputy General Director, Ms. Dang Thi Ngoc Han (Miss Ngoc Han) receives a salary of nearly 1 billion VND at a real estate company.

Source: https://vietnamnet.vn/ca-sy-khanh-phuong-lai-dam-chuc-ty-khi-dau-tu-vao-1-dn-thua-lo-2143302.html