HCMC – Phu Nhuan Jewelry Joint Stock Company (HOSE: PNJ) has announced net revenue of VND25.35 trillion and post-tax profit of VND1.61 trillion for the first nine months of this year, according to its latest financial report.
In the third quarter alone, PNJ recorded VND8.14 trillion in net revenue, up 14.1% year-on-year, while its post-tax profit jumped 129.7% to VND496 billion.
Despite sluggish jewelry demand due to high gold prices, PNJ’s retail sales grew 5.1% year-on-year in the nine-month period. The company attributed this performance to its continued store expansion to 429 outlets compared to 418 a year earlier.
Closing the trading session today, October 23, PNJ shares surged 5.25% to close at VND92,300, with over 2.07 million shares changing hands, valuing the company at around VND31.5 trillion.
The VN-Index gained 8.56 points, or 0.51% to 1,687.06 points, with 157 gainers and 156 decliners. Trading volume reached 749 million shares, worth VND24.38 trillion, down over 24% in both volume and value from the previous session.
Among blue chips, Vingroup stocks led the market uptrend. VIC jumped 5.9% to a record VND215,000, VHM rose 1.8% to VND115,000, and VRE gained 1% to VND39,400, together contributing nearly 13 points to the benchmark index.
Meanwhile, securities and technology stocks retreated, with SSI down 2.5% to VND37,500 and FPT losing 2.1% to VND95,000.
On the Hanoi Stock Exchange (HNX), the HNX-Index slipped 1.91 points (0.71%) to 266.78 points, with trading volume exceeding 82.6 million shares worth VND2.02 trillion.
