Nearly 41 million shares of HDG (Ha Do Group) will be additionally traded next week

2022-09-17 07:22:04 By : Mr. William Huang

Update: 10:45 |20/08/2022 Follow the KTC onThe Ho Chi Minh City Stock Exchange has just approved for Ha Do Group Joint Stock Company (HoSE: HDG) to list an additional 40.7 million shares from August 16, thereby increasing the number of listed shares from 203.9 million. units to 244.6 million units.These shares will trade from August 25.The above shares are issued by the enterprise in the 2021 dividend payment at the rate of 20%.The capital source is from undistributed after-tax profit on the separate audited financial statements for 2021 (about VND 1,905 billion).The total issuance value at par value is 407.6 billion dong, thereby raising the charter capital of the company to about 2,445 billion dong.Previously, on April 20, the company advanced the first dividend of 2021 at the rate of 10% in cash.With more than 203.8 million shares outstanding, the company has spent more than 200 billion dong to pay the above dividend.Thus, Ha Do's total dividend in 2021 is 30%.On the stock market, HDG shares experienced 4 consecutive declines to the price range of VND 53,000/share at the end of the session on August 19.The market price of this code has decreased by 3% compared to the beginning of the year and decreased by 13.5% compared to the historical peak of 61,250 VND at the end of March.Regarding business results, in the second quarter of 2022, Ha Do recorded net revenue of more than 1,007 billion VND, more than 2 times higher than the same period.COGS also increased strongly, but at a slower rate than revenue, so gross profit margin improved to nearly 66%, equivalent to gross profit of 664 billion dong, 2.3 times higher than the same period last year.After deducting expenses, Ha Do net profit is 418 billion dong, 5 times higher than the same period last year.Particularly in the first quarter of 2022, HDG recorded a revenue of nearly 684.8 billion VND, a sharp decrease of 49.42% compared to the same period last year, profit after tax reached 295.75 billion VND, down 26.35% compared to the same period last year. period.Thus, accumulated in the first 6 months, Ha Do recorded nearly VND 1,692 billion in net revenue, down 7% over the same period.Profit after tax earned nearly 714 billion dong, up 48% over the same period last year.In 2022, Ha Do targets revenue of VND 3,703 billion and profit after tax of VND 1,344 billion.With the results achieved, the company has fulfilled nearly 46% of the revenue plan and 53% of the profit plan after half a year.In terms of financial activities, revenue in the period increased nearly 5 times compared to the same period last year, reaching 56 billion dong mainly due to increased interest on deposits and loans and other financial activities.However, the cost for this activity also increased by 30% to more than 249 billion dong, mainly due to the increase in loan interest.By the end of the second quarter, Ha Do's total assets reached more than VND 15,742 billion, a slight decrease compared to the beginning of the year.Short-term receivables from customers decreased slightly to more than 993 billion dong.On the other hand, inventory increased from nearly 1.365 billion to more than 1,465 billion, mainly increasing the value of unfinished construction works and goods.In which, VND 795 billion of construction in progress is mainly concentrated in three projects: Linh Trung Urban Area (more than 490 billion VND), Bao Dai Resort (more than 188 billion VND),...Ha Do's investment properties as of June 30, 2022 are worth nearly 984 billion VND, including projects: Ha Do Centrosa Garden (more than 436 billion VND), Ha Do Air Building Office (more than 173 billion VND) billion dong), Southern Building (more than 127 billion dong), commercial floors in apartment buildings (more than 105 billion dong), project development rights 62 PGD (nearly 111 billion dong).As of June 30, Ha Do's cash and cash equivalents increased from more than 230 billion VND at the beginning of the period to nearly 273 billion VND.Investment in bonds and certificates of deposit worth VND 305 billion and term deposits of more than VND 340 billion.On the other hand, Ha Do also borrowed VND6,881 billion, down VND615 billion compared to the beginning of the period.Total liabilities at the end of the second quarter stood at VND 9,678 billion, down VND 823 billion compared to the beginning of the year and accounted for 61% of capital.In addition, we would also like to introduce to our readers information that many people are interested in in the field of Economics - Securities that are constantly updated such as: #Securities commentary #Securities Newsletter #derivatives #Focus stock #shareholder meeting #dividend #issuance #stocks #real estate news #Banking Financial Newsletter.Welcome readers.The Vietnam Securities Economics e-magazine would like to update and send to its readers the most popular securities news...Last week, members of the foreign fund group Dragon Capital continuously bought shares of HAH, STB, HDGHa Do Group Joint Stock Company (Ha Do Group – HoSE: HDG) has announced its financial statements for the second quarter and the first 6 months of the year....Electronic Journal of Vietnam Securities EconomyManaging agency: Vietnam Securities Business AssociationOnline newspaper operation license number: 62/GP-BTTTT issued by the Ministry of Information and Communications on February 21, 2020Editor-in-Chief: Nguyen Viet VietMember of the editorial board: Nguyen Thanh DoanEditorial office: P503 Building 17T6, Hoang Dao Thuy, Nhan Chinh Ward, Thanh Xuan District, HanoiTrade Representative: Vietnam Securities Times Invest JSC (VST Invest)© Copyright by Vietnam Securities Economics Electronic Journal.Reproduction in any form is prohibited without written consent.