Ms. Doan Hoang Anh previously registered to purchase 4 million shares of Hoang Anh Gia Lai Joint Stock Company (stock code: HAG) from May 14th to 13th, however, Ms. Hoang Anh was unable to purchase any shares due to personal financial constraints.
Following the unsuccessful transaction, Ms. Hoang Anh still maintains her ownership ratio of 1.32% of the charter capital, equivalent to 14 million HAG shares. Prior to this, from December 30, 2024, to January 21, Ms. Doan Hoang Anh successfully purchased 1 million HAG shares, bringing her ownership to the present level.
Currently, Mr. Doan Nguyen Duc is the largest shareholder of HAG, holding 30.26% of the charter capital, equivalent to nearly 320 million shares. Combined, Mr. Duc’s family holds nearly 334 million HAG shares, accounting for approximately 31.58% of the charter capital of Hoang Anh Gia Lai Company.
HAG shares are currently under warning and are trading around VND 13,300 per share.
HAG has also adjusted the timing of its 2025 Annual General Meeting of Shareholders to June 6th in Ho Chi Minh City, earlier than the previous plan of June 18th. The company stated that it had completed the preparation and needed to promptly select an auditing unit to perform a review of the 2025 semi-annual financial statements.
Mr. Doan Nguyen Duc’s daughter (pictured) was unable to purchase any HAG shares.
In the first quarter of this year, HAG recorded net revenue of VND 1,380 billion, an increase of 33% compared to the same period in 2024. In terms of revenue structure, the fruit segment contributed VND 1,000 billion (up 13%), while merchandise sales reached VND 311 billion (up 591% over the same period). In contrast, the pig farming segment only recorded VND 76 billion, a significant decrease from the VND 292 billion in the first quarter of 2024.
Financial expenses for the period decreased by 37% to VND 109 billion, while selling expenses and management expenses remained stable. As a result, HAG reported a post-tax profit of VND 360 billion, an increase of 59% over the same period. On average, the company earns about VND 4 billion per day.
As of March 31, HAG’s total assets reached nearly VND 23,480 billion, an increase of nearly VND 1,200 billion from the beginning of the year. Cash holdings increased to VND 316 billion, compared to VND 150 billion at the beginning of the year. Most of the assets are concentrated in short-term receivables (VND 8,065 billion), fixed assets (over VND 6,580 billion), and long-term work-in-progress (VND 5,240 billion).
As of March 31, HAG’s total liabilities were over VND 13,730 billion, of which loans accounted for more than VND 7,500 billion, an increase of VND 2,282 billion from the beginning of the year. Owners’ equity reached VND 9,743 billion, while accumulated losses decreased to over VND 80 billion, down from a peak of over VND 7,470 billion in the first quarter of 2021.
