Listed companies post big losses

tohang

Viet Nam's listed firms had posted accumulated losses of over VND10.8 trillion (US$509.4 million) as of September 30, according to financial information website vietstock.vn.

HA NOI (Biz Hub)— Viet Nam's listed firms had posted accumulated losses of over VND10.8 trillion (US$509.4 million) as of September 30, according to financial information website vietstock.vn.

The losses marked a 50 per cent rise against the same period last year, with 131 of the 661 listed companies (excluding banks and funds) finding themselves in the red.

PetroVietnam Construction's (PVX) losses alone reached more than VND2.6 trillion ($122.6 million).

It was closely followed by Petroleum Saigon Construction And Investment (PSG), steelmaker Pomina (POM), Viet Nam Ocean Shipping (VOS) and Mientrung Petroleum Construction (PXM).— VNS


  • Share:

see also

VN-Index expected to grow in 2025

VN-Index expected to grow in 2025

Mirae Asset Securities maintains an optimistic view of the VN-Index for December, citing robust demand and liquidity, with potential to exceed the 1,300-point threshold. Looking ahead to 2025, key factors driving growth include strong manufacturing performance bolstered by reliable electricity...
Electricity stocks poised for growth following latest law revision

Electricity stocks poised for growth following latest law revision

One of the major highlights of the amended Electricity Law is the emphasis on market-driven pricing mechanisms for electricity sales, with state regulation to ensure fair competition. 
Market declines for the third consecutive session

Market declines for the third consecutive session

Market breadth remained negative, with 182 stocks falling, 117 gaining, and 62 remaining unchanged. Liquidity ped slightly, reaching VNĐ13.5 trillion (US$530.8 million), down 11.7 per cent compared to the previous session.
VPBankS to distribute SSI Asset Management mutual funds

VPBankS to distribute SSI Asset Management mutual funds

VPBank Securities Joint Stock Company (VPBankS) will distribute mutual funds managed by SSI Asset Management Company Limited following an agreement they signed on December 9.
Tech stocks surge amid market uncertainty in Nov

Tech stocks surge amid market uncertainty in Nov

Việt Nam’s IT sector is entering a golden period, supported by FDI inflows, favourable trade policies and a rapidly growing domestic market.