In 2023, SAV had a net revenue of nearly 789 billion VND, a 20% decrease compared to the previous year; a post-tax loss of over 10 billion VND (in 2022, it had a profit of nearly 55 billion VND).
The negative business results were mainly caused by the impact of the market price reduction in financial investment, leading to a significant decrease in financial operating profit compared to the same period last year, resulting in a decline in profit.
 Source: SAV
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The annual shareholders’ meeting in 2024 of SAV is scheduled to be held on April 5, 2024, at 162 HT 17 Street, Hiep Thanh Ward, District 12, Ho Chi Minh City. Savimex will present shareholders with various important contents, including the business plan for 2024, profit distribution plan, and the plan to issue shares from owner’s equity to increase charter capital. * Savimex plans to issue bonus shares at a 15% ratio, with the stock price reaching the limit |
In addition, HOSE also announced an updated list of 92 securities that do not meet the margin trading conditions. Among them, 6 listed funds including FUCVREIT, FUEDCMID, FUEFCV50, FUEIP100, FUEKIV30, and FUEMAVND do not meet the margin trading conditions because publicly traded funds have a minimum net asset value (NAV) per unit of fund certificate that is lower than the par value, based on the monthly net asset value change report evaluated for 3 consecutive months. Additionally, 2 other listed funds, FUCTVGF5 and FUEBFVND, are also included in the list because they have been listed for less than 6 months.
Source: Compiled from HOSE
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