HCMC – Duc Thanh Wood Processing Joint Stock Company (HOSE: GDT) has announced the acquisition of a manufacturing facility in HCMC worth VND150 billion, marking a significant expansion amid a year of mixed business performance.
According to its disclosure, GDT will take over land-use rights, housing ownership and all on-site assets at Factory No.7 in Chanh Phu Hoa Ward, HCMC. The 32,914-square-meter property includes three workshops, three warehouses, an office building, and supporting facilities such as a canteen and guard house.
Despite a slowdown in consumption since mid-2025 and delayed export orders from key clients, the company reported improved profitability. In its consolidated Q3 report, GDT posted revenue of VND79.6 billion, down 13% year-on-year, but after-tax profit rose 29% to VND20.6 billion. The firm attributed the profit growth to optimized production costs, lower logistics expenses, higher productivity, stronger capital efficiency, and a shift toward higher-margin product lines.
Closing the trading session today, December 4, GDT shares closed at VND20,850, up 100 points (0.48%) from the previous session. Trading volume reached 50,800 shares, while the company’s market capitalization stood at roughly VND514.39 billion.
The VN-Index added 5.47 points (or 0.32%) to close at 1,737.24, with 217 advancers and 91 decliners. Total market volume reached 894.1 million shares worth VND26.54 trillion, up 8.7% in volume but down 7.2% in value compared to yesterday. Block deals contributed 132.2 million shares worth VND3.92 trillion.
The VN30 index edged up 7.5 points, with 16 gainers and 10 losers. MBB was the strongest performer, rising 4.7%, followed by HDB (2.2%), HPG and LPB (1.9%), and ACB (1.8%).
Small-cap stocks saw strong gains as HID, EVG, and HII hit their ceiling prices. EVG and HII alone had over 1.2 million shares bid at the limit-up level.
Mid-cap and small-cap property stocks also improved on strong demand. DXG and DXS gained 3.2% and 5%, respectively, with DXG matching 20.6 million shares. DIG rose 3% on 12.5 million shares traded, while PDR and TCH added 2%.
Securities stocks were among the top gainers, with VIX up 3.09% on 54.5 million shares, SSI up 1.4% on 32 million shares, and VND up 1.6% on 15.5 million shares.
Steel stocks strengthened, led by HPG with a 1.9% gain and more than 35 million shares traded, placing it among the most liquid stocks of the day.
Bank stocks cooled following yesterday’s strong rally, although MBB stood out with a 4.7% increase and a market-leading 80.9 million shares traded.
On the Hanoi Stock Exchange, the HNX-Index closed 2.64 points higher (or 1.02%) at 262.31, with 86 advancers and 59 decliners. Trading volume reached nearly 78 million shares worth VND1.69 trillion, up 25.4% and 30.1% from the previous session. Block transactions accounted for 7.3 million shares worth VND121.2 billion.
