In the latest announcement, the Ho Chi Minh Stock Exchange (HoSE) notified the removal of VTP shares of Viettel Post Joint Stock Corporation from the list of securities ineligible for margin trading.
This is because VTP has been listed for over 6 months and is now eligible for margin trading.
Prior to this, VTP officially transitioned from UPCoM to HoSE on March 12, 2024, with a reference price of VND 65,400/share in the first session. Soon after, the market price showed positive movement, even surpassing VND 90,000/share at times before adjusting. As of now, VTP’s price stands at VND 72,900/share, reflecting an increase of over 11% in the past six months.
Regarding business performance, in the first half of 2024, Viettel Post recorded revenue of nearly VND 9,620 billion, slightly lower than the same period last year. Six-month after-tax profit decreased by 12% to VND 152 billion, achieving approximately 41% of the full-year profit plan. Viettel Post aims to increase its market share in the delivery industry to 19.5% by the end of 2024 and plans to develop a national logistics system.
In related news, Viettel Post has also appointed Mr. Nguyen Viet Dung as Chairman of the Board of Directors for the term 2024-2029, effective August 26, 2024. He replaces Mr. Nguyen Thanh Nam, who resigned on August 17 for personal reasons. The current VTP Board comprises Chairman Nguyen Viet Dung, Vice Chairman Hoang Trung Thanh (also serving as CEO), Mr. Dinh Thanh Son, and Mr. Phung Viet Thang.
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