Hoang Anh Gia Lai Joint Stock Company (HAG on HoSE) has just announced a report on the trading of its shares by Ms. Doan Hoang Anh, daughter of Chairman Doan Nguyen Duc.
According to the report, Ms. Hoang Anh did not purchase any shares during the registered trading period from April 14, 2025, to May 13, 2025. The reason given was a lack of personal financial arrangement.
As a result, Mr. Duc’s daughter still holds 14 million HAG shares, representing a 1.32% stake in Hoang Anh Gia Lai. Meanwhile, Chairman Doan Nguyen Duc holds 319.95 million HAG shares, equivalent to 30.26% of the capital.
Chairman of Hoang Anh Gia Lai, Doan Nguyen Duc
In another development, Hoang Anh Gia Lai has announced a change in the date of its 2025 Annual General Meeting of Shareholders from June 18 to June 6, citing the completion of preparations by the Board of Directors and the need to appoint an auditing firm for the 2025 semi-annual financial statement review.
According to the company’s consolidated financial statements for the first quarter of 2025, Hoang Anh Gia Lai recorded a revenue of nearly VND 1,379.8 billion, up 11.2% compared to the same period last year.
After deducting the cost of goods sold, gross profit increased by 13.3% to nearly VND 564.5 billion, mainly due to increased gross profit from banana business operations.
After deducting taxes and fees, the company reported a net profit of over VND 360.4 billion, up 59.2% compared to the first quarter of 2024.
As of March 31, 2025, Hoang Anh Gia Lai’s total assets increased slightly by 5.4% compared to the end of 2024, reaching over VND 23,478.5 billion. Long-term work-in-progress assets accounted for 22.3% of total assets, at VND 5,239.9 billion.
On the liability side of the balance sheet, total liabilities stood at over VND 13,735.2 billion, a 6% increase over the quarter. Short-term and long-term loans totaled nearly VND 7,504 billion.
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“Despite her best efforts, Ms. Doan Hoang Anh, daughter of businessman Doan Nguyen Duc, was unable to purchase any of the 4 million HAG shares she had registered for, due to personal financial constraints. This setback did not deter her spirit, and she remains resolute in her pursuit of future opportunities.”
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“With an astute eye for investment, Ms. Hoang Anh has just made a significant move in the stock market. She has purchased an impressive 4 million HAG shares, a bold decision that has caught the attention of the financial world.”
