31.7 C
Ho Chi Minh City
Thursday, December 12, 2024

PAN Group gains hefty profit in Q3/2024

The Saigon Times

Must read

HCMC – PAN Group JSC, whose PAN shares are traded on the Hochiminh Stock Exchange, said that it made VND343.7 billion in profit in the third quarter of this year, up by 78.2% versus the year-ago period.

The group’s revenue between July to September 2024 exceeded VND5,083 billion, up by 37.3% year-on-year.

In the year to September, PAN Group’s revenue had soared by 32.3% year-on-year to VND11,917 billion and its net profit had shot up by 57.9% year-on-year to VND720.46 billion.

PAN Group looks to obtain VND14,780 billion in revenue and VND882 billion in net profit in all of 2024.

Closing the trading session today, October 23, PAN inched down by 0.21% to VND23,700, with more than 3.6 million shares changing hands.

On the southern bourse, the VN-Index of the Hochiminh Stock Exchange added 1.01 points, or 0.08%, against yesterday’s session, at 1,270.9 points, with 204 winners and 156 losers.

Around 589.9 million shares worth VND14.1 trillion were traded on the market, down by 26% in volume and value against yesterday’s session. Block deal transactions contributed VND1.2 trillion to the overall value.

Among blue-chip stocks, VIC continued its upward trend, closing up by 2.37% at VND43,200, with more than five million shares traded. VHM took the lead by liquidity on the market with 33.3 million shares transacted. It dropped by 2.59% to VND47,000.

Meanwhile, two banking stocks showed strong gains, with STB rising by 2.29% to VND35,800; and TPB increasing by 2.02% to VND17,650.

On the northern exchange, the HNX-Index rose by one point, or 0.44%, against the day earlier, at 226.5 points, with 95 advancers and 62 decliners. The total trading volume reached 40.8 million shares worth a total of VND662.9 billion, down by 31% in volume and 56% in value over the previous session.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest articles