According to the report of Doji Gold and Gemstone Group Joint Stock Company (JSC) sent to Hanoi Stock Exchange (HNX), the profit in 2022 reached 1,016 billion VND, 4.3 times higher than the same period. In the period of 2018 - 2021, Doji's net profit only fluctuated from 80 to more than 230 billion VND/year.
Although Doji's profit in 2022 increased dramatically, it was only equal to the profit of its competitor, Phu Nhuan Jewelry (PNJ) in 2021. Last year, PNJ recorded a profit of up to 1,800 billion VND, quite a distance from Doji.
As of December 31, 2022, Doji's equity increased by VND 1,000 billion, reaching VND 6,361 billion. Along with that, the return on equity (ROE) increased to nearly 17.4%. This ratio increased sharply by 12% compared to the same period last year.
Doji Group, formerly known as TTD Technology and Trade Development Company, was established in 1994. In 2007, the company officially changed its name to Doji Gold, Silver, Gemstones and Trade Investment Joint Stock Company.
Doji currently has 15 member companies operating under the parent-subsidiary model. In addition to trading in gold, silver, banking and finance, Doji has expanded into the real estate sector with the Doji Land brand.
Meanwhile, Phu Nhuan Jewelry (PNJ) has just announced its business results for the first quarter of 2023, with net revenue of VND9,753 billion. Profit after tax reached VND749 billion, up 3.8% over the same period and a new record for the company.
Business News
The stock market has a number of other important events of listed companies.
* VRE: Vincom Retail JSC has just announced its consolidated financial statements (FS) for the first quarter of 2023. Accordingly, Vincom Retail achieved consolidated net revenue of VND 1,943 billion, equivalent to an increase of 42% over the same period. Profit after tax reached VND 1,024 billion, nearly 3 times higher than the same period and an increase of 23% compared to the fourth quarter of 2022.
* DIG: On April 21, the Board of Directors of Construction Development Investment Corporation passed a resolution approving the suspension of the plan to issue shares to existing shareholders.
Previously, at the 2022 Annual General Meeting of Shareholders held in April 2022, DIC Corp approved a plan to issue an additional 100 million shares at an offering price of VND 30,000/share.
* HDG: The Board of Directors of Ha Do Group Corporation set a business plan for 2023 with net revenue reaching VND 3,225 billion; profit after tax of VND 971 billion, down nearly 10% and 29% respectively compared to 2022.
* SVT : On April 22, the 2023 Annual General Meeting of Shareholders of Saigon Vien Dong Technology JSC approved the business plan targets for 2023. Accordingly, total revenue in 2023 is at 192 billion VND, unchanged from the previous year. However, the pre-tax profit target increased by 16% to 30 billion VND.
* HAX: The 2023 Annual General Meeting of Shareholders of Hang Xanh Auto Service JSC set a plan for the parent company's total pre-tax profit in 2023 of VND 310 billion, almost unchanged from the performance in 2022.
* TPB: According to the recently released first quarter financial statement, Tien Phong Commercial Joint Stock Bank earned VND1,765 billion in pre-tax profit, up 9% over the same period thanks to a sharp increase in some non-credit revenue sources and a reduction in provisions. Bad debt at the end of the first quarter increased by 84%.
* ABB: According to the recently announced consolidated financial statements, An Binh Commercial Joint Stock Bank's net profit from business activities reached nearly 729 billion VND, up 18%. During the period, the Bank set aside nearly 117 billion VND to reserve for credit risks, 2.6 times higher than the same period last year. The Bank earned nearly 612 billion VND in pre-tax profit, up 6%.
* CAP: According to the financial statements of the second quarter of the fiscal year 2022-2023 (from January 1 to March 31, 2023), Yen Bai Agricultural, Forestry and Food Products Joint Stock Company recorded revenue of more than 185 billion VND, a sharp increase of 87% over the same period; net profit reached more than 35 billion VND, an increase of 71% over the same period.
VN-Index
At the end of the trading session on April 21, VN-Index decreased by 6.34 points (-0.6%) to 1,042.91 points.
HNX-Index increased 0.32 points to 206.92 points and UPCoM-Index increased 0.14 points to 77.99 points.
After falling to its lowest level in nearly 2 months, liquidity on HOSE has improved significantly. The order matching value on HOSE increased sharply by 57% compared to the previous session, recording VND8,838 billion.
On the HOSE floor, foreign investors net sold with a value of approximately 229 billion VND. Specifically, in the selling direction, SSI securities shares were under the strongest net selling pressure with 64 billion VND; VNM ranked 2nd on the list of strong net selling with 40 billion VND. In addition, NLG, KBC, DPM were also strongly net sold from 17-29 billion VND per share.
In the opposite direction, HPG was the most net bought with about 57 billion VND. Besides, VPB, SBT, TTF, VRE ranked next in the list of strong net bought with 10-23 billion VND each.
On the HNX, foreign investors net sold 14 billion VND. In the selling direction, IDC was the most "dumped" by foreign investors on the HNX with a value of 7 billion VND; in addition, they also net sold MBS (-3 billion), SHS (-2 billion),...
In the afternoon, PVS shares were bought by foreign investors today for 1 billion VND, similarly, TC6, APS,... were also simultaneously bought net for several hundred million VND each.
On UPCoM, foreign investors net bought slightly 15 million VND. MCH and BSR stocks were the most net bought by foreign investors on UPCoM, worth several billion VND each. VTP stocks were the most net sold, worth 4 billion VND; in addition, they also net sold VEA, QNS, PGB, HNI,...
Source
Comment (0)