Dragon Capital Group reduces ownership in DXG to below 10%

Stock prices have surged nearly 30% in the past 5 months, prompting foreign shareholder group Dragon Capital to "cash in" 1 million shares of Dat Xanh Group Joint Stock Company (HOSE: DXG).

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Recently, the foreign shareholders group Dragon Capital announced that it has successfully sold 1 million shares of DXG, with the ownership ratio changed on 20/03/2024.

Specifically, this group reduced the ownership ratio of DXG from 10.1267% (equivalent to over 72.98 million shares) to 9.9879% (over 71.98 million shares).

Source: DXG

At the end of 20/03, DXG stock is currently temporarily paused at 18,750 VND/share, a 3% decrease compared to the beginning of the year, with an average trading volume of over 11.6 million shares/session. However, compared to the time of 19/10/2023, DXG stock has increased by 28%.

Price movement of DXG stock from 18/10/2023

In 2023, DXG recorded net revenue of nearly 3,725 billion VND and net profit of nearly 172 billion VND, a decrease of 32% and 20% respectively compared to the previous year. Compared to the plan, DXG exceeded the net profit target for the whole year by 9%.

Thanh Tú

SOURCEvietstock
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