In 2023, SAV generated a net revenue of nearly VND 789 billion, a 20% decrease compared to the previous year; after-tax loss exceeded VND 10 billion (in 2022, SAV had a profit of nearly VND 55 billion).
The negative business results were mainly caused by the impact of the market price reduction on the financial investment category, leading to a sharp decrease in financial operating profit compared to the same period last year, resulting in a decline in overall profitability.
 Source: SAV
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The Annual General Meeting of Shareholders 2024 of SAV is expected to be held on April 5th, 2024, at 162 HT 17 Street, Hiep Thanh Ward, District 12, Ho Chi Minh City. Savimex will present shareholders with important information, including the business plan for 2024, profit distribution plan, and the proposal for issuing shares from equity sources to increase registered capital. |
At the same time, HOSE also announced an updated list of 92 securities that do not meet the conditions for margin trading. Among them, the 6 listed funds, including FUCVREIT, FUEDCMID, FUEFCV50, FUEIP100, FUEKIV30, and FUEMAVND, do not meet the requirements for margin trading, as the public investment fund has an average net asset value (NAV) calculated on less than one unit of shares, based on the monthly report of changes in net asset value over the past three consecutive months. In addition, 2 other listed funds, including FUCTVGF5 and FUEBFVND, are also included in the list due to their listing time being less than 6 months.
Source: Compiled from HOSE
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