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Sunday, April 28, 2024

Viettel Construction earns hefty revenue in January

The Saigon Times

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HCMC – Viettel Construction, listed on the Hochiminh Stock Exchange with the stock code CTR, has announced that it recorded revenue of VND868.7 billion in January this year, up 15% over the same period in 2023.

The company’s pre-tax profit in the first month of 2024 reached VND49.8 billion, an increase of 17% versus the year-ago period.

Previously, the company set goals to earn revenue of VND12,653 billion and before-tax profit of VND671.4 billion in 2024. With the business results in January, it has achieved 6.9% and 7.4% of these targets, respectively.

CTR shares were traded at a record high of VND97,500 at the close of the trading session today, February 19, a rise of over 8% since the beginning of this year.

On the southern bourse, the VN-Index added 15.27 points, or 1.26%, over the previous session, closing at 1,224.97 points with 289 winners and 217 losers.

There were around 1.05 billion shares worth nearly VND24.76 trillion transacted on the market, rising by 27.74% in volume and 35.63% in value against the final session last week. Block deals contributed nearly VND1.9 trillion to the overall value, with about 71.28 million shares changing hands.

The VN30 basket was the main driving force of the market as it rose nearly 16 points to 1,240 points. Of the 30 stocks in the basket, 21 recorded gains while nine declined.

Notably, VIC and VRE closed at the ceiling price, backed by impressive trading volumes of 16.64 million shares and nearly 23.9 million shares, respectively.

HPG took the lead by liquidity in the market, with 42.28 million shares changing hands. It soared by 2.1% against the session last Friday, marking its highest price in over one year.

On the northern bourse, the HNX-Index inched up 0.33 points, or 0.14%, against the final season last week, closing at 233.37 points with 78 advancers and 60 decliners. The trading volume reached more than 83.2 million shares, valued at VND1.57 trillion.

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