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Monday, December 23, 2024

PNJ makes hefty profit in October

The Saigon Times

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HCMC – Phu Nhuan Jewelry JSC, whose PNJ shares are listed on the Hochiminh Stock Exchange, has reported substantial October revenue and profit.

Last month the jewelry company generated more than VND3 trillion in net revenue, up by 1.6% year-on-year, and VND193 billion in after-tax profit, up by 31.6%.

PNJ’s net revenue in the January-October period reached VND26.3 trillion, while its after-tax profit inched up by 3.1% against the year-ago period to VND1.5 trillion. With this positive business performance, PNJ completed 79.1% of its annual target in 2023.

Regarding the stock market today, November 21, the VN-Index on the HCMC bourse improved by 6.8 points, or 0.62%, against the session earlier, at 1,110.46, with 333 winners and 173 losers.

Trade volume totaled 712.6 million shares worth VND14.8 trillion, down 15% in volume and 12% in value against the previous day. Block deals contributed over VND2.18 trillion to the total value, with more than 110.7 million shares changing hands.

Twenty-two stocks in the VN30 basket were in positive territory today, with BID rising by 1.9% day-on-day to VND43,950 per share, followed by MSN with a 1.6% increase.

HPG stood out in the group with more than 26.7 million matched orders. Closing the trading session today, HPG inched up 1.5% to VND27,050 per share.

On the northern bourse, the HNX-Index added 2.02 points, or 0.89%, against yesterday’s session, at 229.8 points, with 92 advancers and 58 decliners. The total trading volume reached 91.3 million shares, with a value of over VND1.9 trillion.

SHS took the lead by liquidity in the market with more than 20.9 million shares changing hands.

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