Hoang Quan Trading Consulting Services JSC (Hoang Quan, code: HQC) has announced an unusual transaction: Truong Nguyen Song Van, deputy general director of Hoang Quan and daughter of Truong Anh Tuan, registered to buy 25 million HQG shares from May 13 to June 11, with the aim of increasing her ownership in HQC.
Currently, Ms. Van’s guaranteed ownership in HQC has increased to 8.671%.
Two weeks ago, Mr. Truong Anh Tuan successfully purchased 23 million HQC shares as registered, raising his ownership from 2 million shares, or 0.3468%, to 25 million shares, or 4.3375%, of HQC’s charter capital.
HQC’s Social Housing Project
On the stock market, HQC shares are trading around VND 3,000/share.
In the first quarter, HQC’s net revenue reached nearly VND 49 billion, 3.6 times higher than the same period last year, thanks to the completion and handover of projects to customers. Accordingly, HQC’s financial revenue increased by 47% to over VND 22 billion, but financial expenses increased by 64% to over VND 18 billion. Enterprise management expenses also increased by 4.5 times to over VND 21 billion. As a result, HQC’s profit in the first quarter was VND 5.2 billion, slightly lower than the same period last year, while after-tax profit increased from VND 63.2 billion to VND 68.36 billion.
It is known that HQC will hold its AGM on May 10, with a plan to target a revenue of VND 1,000 billion in 2025 and the following years.
At the closing of the stock exchange session on May 7, HQC increased by VND 20 to VND 3,090/share.
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