AsemconnectVietnam - TNG Investment and Trading Joint Stock Company (stock code TNG - HNX exchange) has just announced the production and business situation in August and accumulated for the first 8 months of 2023.

In August, TNG had sales revenue of VND721 billion, up 3% over the same period in August 2022, but down 7.8% over the previous month.
Accumulated in the first 8 months of 2023, TNG recorded sales revenue reaching VND4,837 billion, an increase of 3% over the same period in 2022.
In 2023, TNG sets a revenue plan of VND6,800 billion and profit after tax of VND299 billion, a slight increase of 2% compared to 2022. Thus, after 8 months, the Company has completed 71% of the plan revenue in 2023.
At the end of August, AFC VF Limited bought more than 403,000 TNG shares, thereby increasing its ownership ratio here from more than 5.3 million shares (4.69%) to more than 5.7 million shares (ratio 5.04%) and officially became a major shareholder of TNG.
As for TNG, the Company also recently purchased more than 6,336 shares at Bac Thai Investment and Construction Joint Stock Company for 66,000 dong/share. After completing the stock purchase, TNG increased its ownership ratio in Bac Thai Construction to 70.5% of charter capital and became the parent company of Bac Thai Construction from August 24.
N.Nga
Source: VITIC/Tinnhanhchungkhoan