Mr. Truong Anh Tuan reported on the trading results of insider shares of Hoang Quan Real Estate Trading and Service Joint Stock Company (HQC on the Ho Chi Minh City Stock Exchange)
Accordingly, Mr. Truong Anh Tuan, Chairman of the Board of Directors, announced that he had successfully purchased 25 million HQC shares as registered, accounting for 4.3%. After the transaction, Mr. Tuan increased his ownership in HQC from 2 million shares to 50 million shares, representing an 8.671% stake in HQC.
The transaction was executed from June 9, 2025, to June 10, 2025. The market during this period recorded trading volume of more than 22 million shares, with a total value of over 69 billion, corresponding to VND 3,136/share.
Previously, Mr. Truong Anh Tuan, Chairman of the Board of Directors, successfully purchased 23 million HQC shares as registered via matching/agreement from April 25-29. Thus, the Chairman of the Company increased ownership from 2 million shares, or 0.3468%, to 25 million shares, representing 4.3375% of the Company’s charter capital.
HQC shares traded around VND 3,000/share in the market, and the estimated value of this transaction was about VND 69 billion.
At the close of June 11, HQC’s share price rose 1.14% to VND 3,260/share.
Notably, HQC successfully held its 2025 Annual General Meeting of Shareholders on May 10, 2025. Accordingly, HQC shareholders approved a revenue target of VND 1,000 billion, including VND 800 billion from the Golden City social housing project (Tay Ninh), VND 100 billion from the New Urban Area project in Tra Vinh (Tra Vinh), and VND 100 billion from the HQC Tan Huong project (Tien Giang). The company also aims to achieve a net profit of VND 70 billion.
In addition to the goal of completing a minimum of 5,000 social housing units this year, HQC also plans to expand into industrial and resort real estate. Key projects include the Ham Kiem 1 Industrial Park (Binh Thuan) and Binh Minh Industrial Park (Vinh Long)
Currently, HQC possesses capital of up to VND 5,766 billion, along with 25 years of experience in investing in real estate and social housing development. This is a key factor that enables HQC to proactively implement its plans, thereby optimizing the progress and quality of construction works.
Notably, HQC has also prepared more than 100 hectares of clean land, distributed in many provinces and cities across the country, from North to South, including Hanoi, Hai Phong, Hai Duong, Hung Yen, Nam Dinh, Da Nang, Hue, Binh Dinh, Ninh Thuan, Dak Lak, Dong Nai, Ba Ria-Vung Tau, Ho Chi Minh City, Long An, Tien Giang, Tra Vinh, Vinh Long, Can Tho, Bac Lieu, and Ca Mau. This land fund ensures the implementation of business activities in the 2026-2027 period, with the goal of providing an additional 10,000 social housing units. For the period 2028-2030, the target is 25,000 units, completing 50,000 units as committed to the Government, demonstrating a steadfast commitment to the “For One Million Vietnamese Family Homes” program.
In terms of financial results, HQC recorded first-quarter revenue of nearly VND 49 billion in the first quarter of 2025, more than 3.6 times higher than the same period last year (VND 13.39 billion). This increase was due to the completion and handover of projects to customers.
During this period, HQC’s financial revenue increased by 47% to over VND 22 billion. However, financial expenses increased by 64%, reaching over VND 18 billion. Notably, selling expenses increased by almost 4.5 times to over VND 21 billion.
As a result, HQC reported a slight decrease in first-quarter profit to VND 5.2 billion, compared to VND 5.25 billion in the same period last year. After this period, retained earnings increased from VND 63.2 billion to VND 68.36 billion.
Thus, HQC has achieved nearly 5% of its revenue target and over 7% of its profit target for the year.
In terms of personnel, the HQC Board of Directors announced the appointment of Mr. Nguyen Long Trieu (1984) as the new CEO, effective June 9. Mr. Trieu has been serving as HQC’s Deputy General Director since mid-2018 and has been directly in charge of business. In addition, Mr. Trieu also holds the position of General Director of Can Tho Hoang Quan Real Estate Investment Joint Stock Company (a subsidiary in which HQC holds a 39% stake)
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