More than 1.1 billion HNG shares traded on the UPCoM market on September 18

Hoang Anh Gia Lai International Agriculture Joint Stock Company (stock code: HNG) - HAGL Agrico, was established in 2010 when Hoang Anh Gia Lai Joint Stock Company (Parent Company) implemented the group restructuring program.

In 2019, HAGL Agrico increased its charter capital to more than 11 trillion VND.

The company is currently operating with key products such as rubber and fruit trees, oil palm, sugar cane..., raising beef and dairy cattle... The company's agricultural projects are located in the Vietnam-Laos-Cambodia development triangle within a range of about 200km.

Regarding production and business situation, in 2023, the Company achieved net revenue of more than VND 605.5 billion (down from VND 741.7 billion in the same period in 2022), after-tax loss of more than VND 1,098 billion (down from the loss of VND 3,576 billion in the same period last year).

By the end of the second quarter of 2024, the Company's net revenue reached more than 172.3 billion VND, with a loss after tax of more than 369.7 billion VND.

On September 18, more than 1,108 billion HNG shares will have an official trading session on the UPCoM market at HNX with a reference price of VND 4,600/share; the value of registered securities for trading (par value of VND 10,000/share) is more than VND 11,000 billion.

Previously, on August 9, 2024, Ho Chi Minh City Stock Exchange issued a decision to delist shares of Hoang Anh Gia Lai International Agriculture Joint Stock Company, effective on September 6, 2024; the reason is that the Company has had production and business results that have been losses for 3 consecutive years based on the audited consolidated financial statements of 2021, 2022, 2023, which is a case of securities being compulsorily delisted according to regulations.

Source: https://nhandan.vn/hon-11-ty-co-phieu-hng-giao-dich-tren-thi-truong-upcom-ngay-189-post829969.html