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Tuesday, May 21, 2024

Viettel Construction gains handsome profit in Jan-Apr

The Saigon Times

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HCMC – Viettel Construction, whose CTR shares are traded on the Hochiminh Stock Exchange, has said that it gained hefty profit in the first four months of 2024 and realized 29% of its annual profit target.

The company generated around VND3.6 trillion in revenue between January and April, up by 10% against the same period last year. Its pre-tax profit grew by 5% year-on-year to VND195.6 billion.

Closing the trading session today, May 15, CTR hit the ceiling price of VND135,300 per share, with more than 1.1 million shares changing hands on the southern bourse.

With 290 winners and 126 losers, the VN-Index of the Hochiminh Stock Exchange climbed by 11.11 points, or 0.89%, from the previous day to 1,254.39 points.

The total trading volume reached nearly 640.5 million shares worth VND15.6 trillion, up 36.4% in volume and 40.75% in value against yesterday’s session. Block deals contributed VND2.65 trillion to the overall value, with more than 115 million shares traded.

HPG, a steel manufacturer, helped the VN-Index add almost 1.5 points. It was traded at VND31,200 per share, its highest price in two years. Moreover, it recorded the largest trading volume in the market, totaling 45.11 million shares.

The securities group was among the strongest drivers of the market. The duo of FTS and CTS both hit their daily ceiling price of VND45,100 and VND42,250, respectively.

On the northern bourse, the HNX-Index added 1.82 points, or 0.77%, closing at 238.78 points. There were 87.55 million shares worth VND1.56 trillion transacted on bourse, rising by 31.17% in volume and 35.9% in value compared to yesterday’s session.

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