Enterprise

Amended land laws, along with the efforts of businesses to reduce debt pressure, are driving the resurgence of the "big four" sectors in the stock market (banking, real estate, steel, and securities).

According to recent information disclosed by Sơn Hải Corporation, they have invested a substantial amount of money in purchasing modern equipment from abroad to construct highways in Vietnam. Despite this investment increasing costs, the payment rate will remain unchanged.

In addition to core business operations, many "hobbyist" entrepreneurs use their spare funds to invest for short-term profits.

After a continuous decrease in stock prices for 6 consecutive sessions, the stock price of Thien Long Group Corporation (HOSE: TLG) continued to decline on February 2nd. This was followed by the company recording the lowest profit in the past two years in the fourth quarter of 2023 (excluding the loss in the fourth quarter of 2022 due to exceptional marketing expenses).

The high increase in tourist numbers to Dalat and Nha Trang over the last three months of the year has contributed to a 20% revenue growth for NVT compared to the same period last year. Despite still experiencing a net loss of 1.2 billion Vietnamese dong, the results are much more optimistic than before.

Speaking at the 2024 plan deployment conference, Thaco aims to submit a budget of 23 trillion VND, an increase of approximately 3 trillion VND compared to 2023.

FMC, a leading food company listed on the HOSE (stock code: FMC), has had a highly favorable start to 2024, with a revenue of $19.2 million in January, showing strong growth compared to the same period last year.

TNG has achieved record high revenue for 3 consecutive years, making it one of the few textile and garment companies to meet their 2023 targets. Continuing this positive trend, TNG's revenue for January 2024 is estimated to reach 523 billion VND, an increase of nearly 32% compared to the same period last year.

The operation of Tân Phú Đông 1 wind power project, along with revenue from share transfer, has contributed to the impressive performance of GEC (HOSE: GEG) in the fourth quarter of 2023.

IP.A Investment Corporation (HNX: IPA) has released its Q4/2023 financial statement, reporting a net profit of nearly 182 billion VND, almost offsetting the loss of over 188 billion VND in the same period last year. Of particular note is the capital structure, with 50% being funded by loans.