HCMC – Phu Nhuan Jewelry JSC, whose PNJ shares are listed on the Hochiminh Stock Exchange, reported robust financial results in January-November, with after-tax profit nearing VND1.9 trillion.
According to the latest report, PNJ in November alone gained VND2,839 billion in revenue and VND276 billion in after-tax profit. This is a strong result, especially when considering the significant fluctuations in the jewelry market in 2024.
In January to November, the jewelry maker posted net revenue of VND35,210 billion and after-tax profit of VND1,876 billion, up by 19.4% and 8.3% year-on-year, respectively.
With these positive results, PNJ has achieved nearly 90% of its full-year profit target.
PNJ’s business performance during the period showed consistent growth across all channels. Retail jewelry revenue rose by 15.9% year-on-year, while wholesale jewelry revenue saw a 33.8% rise versus the year-ago period.
Closing the trading session today, December 16, PNJ climbed by 1.24% to VND98,200, with 1.2 million shares changing hands.
On the southern exchange, the VN-Index of the Hochiminh Stock Exchange added 1.22 points, or 0.1%, against the previous session, at 1,263.79 points, with 158 winners and 214 losers.
Around 538.9 million shares worth VND12.8 trillion were traded on bourse, up by 12% in volume and value compared to the final session last week. Block deal transactions contributed around VND3.6 trillion to the overall value.
The VN30 basket saw 10 stocks rising and 14 declining, with its index inching up by 0.24 points. Among them, POW, SSI, and VNM all rose by 1.2%, while BVH dropped by 1.7%. The remaining stocks in the basket mostly experienced slight volatility.
VIX was the most actively traded stock on the market, with more than 23.36 million shares traded, closing up by 3%.
On the northern exchange, the HNX-Index inched up by 0.03 point, or 0.01%, closing at 227.04 points. The total trading volume reached 35.6 million shares worth VND568 billion.
