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According to the Ho Chi Minh City Stock Exchange (HoSE), the Finnish fund Pyn Elite Fund has submitted a report to the State Securities Commission (SSC), the Stock Exchange, and Ha Do Group Joint Stock Company (Stock Code: HDG, HoSE) regarding changes in ownership by major shareholders holding 5% or more of the shares.
On October 23, 2025, the fund successfully purchased 3 million HDG shares through the exchange, increasing its holdings from nearly 31.6 million shares (8.54%) to approximately 34.6 million shares (9.35%).
Based on the closing price of HDG shares on October 23, 2025, at VND 31,600 per share, it is estimated that Pyn Elite Fund spent nearly VND 95 billion to acquire the aforementioned shares.
Regarding business performance, according to the consolidated financial statements for the first six months of 2025, Ha Do Group recorded net revenue of over VND 1,188.3 billion, a 15% decrease compared to the same period in 2024. After-tax profit reached nearly VND 234.2 billion, down 35.5% year-on-year.
For 2025, Ha Do Group aims to achieve consolidated revenue of VND 2,936 billion and after-tax profit of VND 1,057 billion.
By the end of the first half of 2025, Ha Do Group had completed 40.5% of its revenue target and 22.2% of its after-tax profit goal.
As of June 30, 2025, the group’s total assets increased by 3.5% from the beginning of the year to nearly VND 14,327.8 billion. Fixed assets accounted for 58% of total assets, amounting to nearly VND 8,306.3 billion.
On the liabilities side, total payables stood at nearly VND 6,596.5 billion, an increase of VND 123 billion from the start of the year. Short-term and long-term loans totaled VND 5,013.3 billion, representing 76% of total liabilities.
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