Leaders of Dong Hai Ben Tre (DHC) registered to buy 380,000 shares

Specifically, the transaction is expected to take place from July 3 to August 1 by order matching or/and negotiation. After the successful transaction, Mr. Phuong will increase his ownership of DHC from nearly 9.02 million shares (9.34%) to nearly 9.4 million shares (9.73%).

Provisionally calculated based on the closing price of DHC shares on June 30 at VND27,350/share, it is estimated that Mr. Phuong needs to spend about VND10.4 billion to buy the above shares.

Previously, from June 12 to June 25, Mr. Le Ba Hung, Mr. Phuong's son, also bought 100,000 shares to increase his ownership to 1.19 million shares, a ratio of 1.23%. Since April 2025, Mr. Hung has repeatedly collected DHC shares, the most recent time in May, he successfully bought 150,000 shares.

Regarding business results, in the first quarter of 2025, DHC achieved net revenue of more than VND 826 billion, a slight increase of 2% over the same period last year. Notably, the company's after-tax profit increased sharply by 36%, reaching nearly VND 76 billion.

The company said that the increase in after-tax profit came from stable production and sales volume, and increased paper prices. In addition, financial revenue increased by 263.75%, mainly due to increased savings interest, bond interest, and exchange rate differences when paying for imported raw materials, helping to increase profits.

At the Annual General Meeting of Shareholders in April 2025, DHC approved the 2025 revenue plan at VND 3,275 billion and the expected after-tax profit of VND 242 billion, equivalent to the results in 2024.

Recently, DHC approved an additional contribution of VND90 billion to its subsidiary, Giao Long Paper Company Limited, to increase its charter capital to VND450 billion. Giao Long Paper was established in 2022 with a charter capital of VND100 billion, of which DHC holds 97%. After 2 capital increases, the charter capital was increased to VND360 billion in May 2024.

Giao Long Paper is the investor of the paper mill project (Giao Long 3) located in Long Phuoc industrial park, Chau Thanh, Ben Tre , land use area is 103,880m2.

DHC's board of directors said that the housing project had been approved for investment since 2022, and the land had only just been allocated, due to complicated land procedures (the industrial park land in Ben Tre was invested by the State budget), so it was slower than some other units. However, there is currently a preferential policy on land rent, annual land rent payment and the project is exempted from land rent for the first 9 years.

Source: https://baovanhoa.vn/kinh-te/lanh-dao-dong-hai-ben-tre-dhc-dang-ky-mua-380000-co-phieu-148452.html