With shares surging 40% in just 5 sessions, Halcom Vietnam (HID) affirms its "complete objectivity".

Halcom Vietnam Joint Stock Company (stock code: HID) has just issued a document explaining the reason for its stock hitting the ceiling price for 5 consecutive sessions from December 2nd to 8th.

According to the document, the increase in stock prices during the aforementioned period stemmed from market factors and investor trading demand, and was entirely objective. The company had no ability to interfere with or influence investors' buy/sell decisions in the stock market.

At this time, the Company has not recorded any unusual information or events related to its business operations, finance, or management that could affect the share price. The Company has also not undertaken any activities or actions aimed at influencing the trading performance of HID shares.

Following a series of price increases from December 2nd to 8th, HID's share price rose from 8,000 VND/share to 11,200 VND/share, a 40% increase.

Notably, just a month prior, HID also had to explain the consecutive surge in its share price. From November 11th to 17th, the share price increased from 4,100 VND/share to 5,720 VND/share, equivalent to a 40% increase.

In a document sent to HOSE on November 18th, HID stated that the consolidated business results for the second quarter of fiscal year 2025 (ending September 30th, 2025) are the main driver of the share price increase.

During the quarter, the company recorded revenue of VND 209 billion, 2.2 times higher than the same period last year; after-tax profit exceeded VND 59 billion. This is also the second highest quarterly figure. Halcom assesses that the strong improvement in both net revenue and profit has positively impacted HID's share price recently.

Source: https://daibieunhandan.vn/co-phieu-tang-40-chi-trong-5-phien-halcom-viet-nam-hid-khang-dinh-hoan-toan-khach-quan-10399894.html