The CEO Becomes a Major Shareholder in Vinasun.

Vinasun Joint Stock Company (Vinasun, ticker: VNS, HoSE exchange) has just released a report on significant shareholders, those holding 5% or more of the company’s shares.

On August 12, 2025, Mr. Dang Thanh Duy, CEO of Vinasun, successfully purchased 500,000 VNS shares.

Following this transaction, Mr. Duy’s holdings increased from nearly 3.4 million shares to approximately 3.9 million shares, raising his ownership stake from 4.99% to 5.73%, thus officially making him a major shareholder of Vinasun.

Based on the closing price of VNS shares on August 12, 2025, at VND 9,800 per share, Mr. Duy is estimated to have invested approximately VND 4.9 billion to acquire the aforementioned number of shares.

Prior to this transaction, Mr. Dang Thanh Duy had registered to purchase 2 million VNS shares for investment purposes. The transaction was expected to be conducted via matching or negotiated methods from July 21, 2025, to August 18, 2025.

If the transaction had been successful, Mr. Duy’s holdings would have increased from nearly 3.4 million shares to approximately 5.4 million shares, raising his ownership stake from 4.99% to 7.94%.

In terms of business performance, according to the consolidated financial statements for Q2 2025, Vinasun recorded a revenue of over VND 216.7 billion, a decrease of 14.4% compared to the same period last year. After deducting taxes and fees, the company reported a net profit of over VND 9.9 billion, a decrease of 41.4%.

For the first half of 2025, Vinasun’s cumulative revenue was over VND 451.1 billion, a decrease of 15.2% compared to the same period in 2024, with a corporate income tax profit of over VND 24.1 billion, a decrease of 38%.

In 2025, Vinasun set a business plan with consolidated revenue expected to reach VND 976.9 billion and after-tax profit estimated at VND 53.6 billion. Thus, by the end of the second quarter, the company had achieved 46.2% of its revenue plan and 45% of its after-tax profit target.

As of June 30, 2025, Vinasun’s total assets decreased by 4.2% compared to the beginning of the year, amounting to nearly VND 1,776.9 billion. Fixed assets accounted for 72.4% of total assets, valued at nearly VND 1,286.6 billion, while cash and cash equivalents stood at over VND 209.6 billion, and long-term assets under construction amounted to over VND 61.9 billion.

On the liabilities side of the balance sheet, total liabilities were nearly VND 671.4 billion, a decrease of 4.8% compared to the beginning of the year. Short-term loans accounted for 29.9% of total assets, at nearly VND 200.7 billion, while long-term loans and finance leases amounted to nearly VND 277.7 billion, representing 41.4% of total assets.