According to the Ho Chi Minh City Stock Exchange (HoSE), Mr. Doan Nguyen Duc (Bau Duc), Chairman of the Board of Directors of Hoang Anh Gia Lai Joint Stock Company (code: HAG), has just registered to sell 25 million HAG shares in the period from August 15 to September 13.

At the same time, his son Doan Hoang Nam also registered to buy 27 million HAG shares, through agreement or order matching on the stock exchange.

If the transaction is successful, Mr. Doan Hoang Nam will spend about 440 billion VND to own 2.55% of capital at Hoang Anh Gia Lai. This is considered a move to transfer shares from Mr. Duc to his son, marking the first time Mr. Nam appears as an investor at HAG.

The stock buying and selling of Mr. Duc and his son took place in the context of HAG stock price being at a 3-year peak. Since the beginning of 2025, HAG stock price has increased by nearly 30%.

Closing the trading session on August 13, HAG shares were priced at 16,200 VND/share.

Currently, Mr. Duc owns nearly 330 million HAG shares, equivalent to 31.2%, worth about 5,346 billion VND.

Bau Duc has 3 children, including daughter Doan Hoang Anh and 2 sons Doan Hoang Nam and Doan Hoang Nam Anh. Doan Hoang Anh currently owns 13 million HAG shares, accounting for 1.23%. All 3 of Bau Duc's children have studied and lived in Singapore since they were young and have never appeared in the media.

In the second quarter of 2025, HAGL reported a net profit of VND483 billion, up 86% over the same period thanks to the breakthrough of the banana business segment. In the first 6 months of the year, HAG reported a 34% increase in revenue to over VND3,700 billion, and a 72% increase in profit to VND824 billion, reaching 78% of the annual profit target.

HAG2025H1 vayno.jpg
HAG's debt situation.

Thanks to this result, by the end of June, HAGL had erased all accumulated losses.

Over the past few years, HAGL has continuously recorded positive business results and made significant efforts to reduce debt.

At the 2025 Annual General Meeting of Shareholders, HAGL announced its revenue structure with 76% from fruits (mainly durian), 19% from pig farming and 5% from other products. These figures show that the “2 trees, 1 animal” model (durian, banana and pig) continues to be the main growth driver.

In terms of financial health, HAGL has significantly reduced its debt burden. From a debt balance of more than VND 32 trillion and an accumulated loss of nearly VND 7,000 billion in 2021, by the end of the first quarter of 2025, the company's total debt balance will be only about VND 7,000 billion.

By the end of the second quarter of 2025, HAGL recorded an increase in debt of more than VND9,300 billion. However, revenue and profit increased sharply. Bond debt decreased sharply, only VND280 billion in short-term and nearly VND815 billion in long-term as of the end of June 2025.

Bau Duc's HAGL is stepping up investment in new areas, including 2,000 hectares of mulberry to raise silkworms for export, 2,000 hectares of Arabica coffee and a sturgeon farming project in Laos with 700,000 juveniles, expected to sell the first batch in September-October 2025. These steps show that the business is not only focusing on improving its finances but also proactively seeking new growth drivers.

Mr. Duc spent hundreds of billions to 'buy goods', how is Hoang Anh Gia Lai's health? Chairman of the Board of Directors of Hoang Anh Gia Lai (HAG), Mr. Doan Nguyen Duc (Bau Duc), has just spent about 135 billion VND to buy 10 million HAG shares in the context of the company achieving positive business results and making significant efforts to reduce debt.

Source: https://vietnamnet.vn/con-trai-bau-duc-lo-dien-sap-tro-thanh-co-dong-cua-hoang-anh-gia-lai-2431703.html