Thuduc House Development Joint Stock Company (code TDH) has just announced the insider trading of its shares. Specifically, Ms. Le Ngoc Xuan – the Company Executive, Authorized Representative, and Secretary of the Board of Directors, has registered to purchase 2 million shares.
The transaction is expected to take place from May 15 to June 13, 2025. Based on the current market price, Ms. Xuan will need to spend approximately VND 9 billion to complete the transaction. Currently, Ms. Xuan holds 33,000 TDH shares.
The move to acquire more shares by the insider comes as TDH has been performing positively in the market. The share price has surged by 90% over the past month, closing at VND 4,590 per share on May 13, 2025, the highest in 16 months.
The positive momentum in TDH’s share price could be attributed to the encouraging news regarding the company’s business operations. Most recently, the People’s Court of Ho Chi Minh City ruled in favor of Thuduc House’s administrative lawsuit against the Ho Chi Minh City Tax Department, involving a VAT refund of over VND 365 billion and interest for late payment (as of December 25, 2020). This case was related to the embezzlement and appropriation by Trinh Tien Dung and his accomplices, as stated in the appellate verdict of the Ho Chi Minh City People’s Court on May 3, 2024.
According to the company’s representative, this victory against the Ho Chi Minh City Tax Department provides a basis for Thuduc House to reverse the late payment interest previously provisioned. It also helps remove obstacles in the company’s operations caused by previous administrative decisions. These developments are crucial steps in improving the company’s financial position and supporting its 2025 profit target. In parallel, Thuduc House is actively pursuing the recovery of VND 340.2 billion in compensation from the defendants in the criminal case.
Chairman Tran Thanh Vinh affirmed that they are committed to developing strategies and building a strong team to ensure profitability for the company in 2025.
In the first quarter of 2025, Thuduc House recorded net revenue of nearly VND 8 billion and a net profit of VND 5.7 billion, a significant improvement compared to a loss of over VND 1 billion in the same period last year. This positive result was mainly due to a surge in other income, while the core business operations are yet to turn profitable.
“NHA to Pay Dividends After 5 Years”
Introducing the Urban and Southern Hanoi Housing Development and Investment Corporation (HOSE: NHA), a powerhouse in the real estate industry, as they announce their latest dividend offering. Shareholders, take note: May 27th is the crucial date for entitlement, as the company gears up to distribute its 2024 dividend entirely in shares.
The Race to Profit: Veteran Taxi Firm Struggles with Tech Rivals
The rise of tech-based ride-hailing companies like Grab, XanhSM, and Be has left traditional taxi businesses struggling to regain their market share. With rising operational costs and declining profits, Vinasun’s earnings for the first quarter of 2025 have taken a hit, falling to a new low.
“Vietnam Overtakes the US as Vinh Hoan’s Top Revenue-Generating Market in Q1 2025”
In 2024, the US market generated the highest revenue for Vinh Hoan, amounting to VND 3,937 billion, accounting for 31.4% of their total revenue.
“Real Estate Firm with Shark Hung as Vice President Reports 60% Drop in Profits in Q1”
In 2025, the company aims for a net revenue target of VND 4,150 billion and a pre-tax profit of VND 300 billion, representing an impressive growth of 170% and 424%, respectively, compared to the previous year.
The Cement Industry’s Performance in Q1 of 2025: A Comprehensive Overview.
In the first quarter of 2025, several cement companies witnessed an increase in revenue, yet they reported net losses amounting to billions of Dong.
