Tag: Son Hai Group
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“Western Oil Tycoon” PSH Hits Zero Revenue: What’s the Way Out?
According to the Q3/2025 consolidated financial report, Nam Song Hau Petroleum Trading and Investment Joint Stock Company (NSH Petrol, UPCoM: PSH) continues to record zero revenue—a direct consequence of the invoice seizure related to its tax debt exceeding 1 trillion VND. However, PSH’s outlook has never been more bleak, as it has now lost its sole lifeline of recent years, Acuity Funding.
Banking Sector Profits Surge with Double-Digit Growth in First Nine Months of the Year
After the first nine months of 2025, most banks reported significant profit increases, even surpassing their targets, despite the pressure of narrowing net interest margins due to persistently low interest rates.
HBC Reports Hundred-Billion Profit but Fails to Repay VND 12.4 Billion in Bond Principal
Hòa Bình Construction Group Joint Stock Company (UPCoM: HBC) has announced its inability to repay the principal amount of VND 12.4 billion for the bond issuance HBCH2225002, citing challenges in securing the necessary funds.
