Thua Thien Hue Construction and Installation (HUB): Hodeco Group (HDC) increased ownership to 45.14% of charter capital
Thursday, August 28,2025
AsemconnectVietnam - The son of the Chairman of Thua Thien Hue Construction and Installation JSC (code HUB - HOSE) has purchased 100,000 shares to increase ownership to 0.33% of charter capital.
Mr. Doan Huu Ha Vinh, a member of the Board of Directors and also the son of Chairman Doan Huu Thuan, has purchased 100,000 HUB shares to increase ownership from 0% to 0.33% of charter capital, the transaction was conducted from August 7 to August 19.
Thus, after the transaction, the group of shareholders related to Mr. Vinh and Ba Ria - Vung Tau House Development JSC (Hodeco, code HDC - HOSE) has owned up to 45.14% of charter capital at Thua Thien Hue Construction and Installation.
It is known that Mr. Vinh is currently a member of the Board of Directors and Deputy General Director at Hodeco and Mr. Doan Huu Thuan is also the Chairman of the Board of Directors at Hodeco.
In terms of business activities, in the first half of 2025, Thua Thien Hue Construction recorded revenue of VND158.36 billion, down 4.3% over the same period, profit after tax reached VND28.9 billion, down 17.1% over the same period last year. Notably, gross profit margin decreased from 23.1% to only 22.6%.
In 2025, Thua Thien Hue Construction plans to have revenue of VND400 billion, profit after tax is expected to be VND65 billion.
Thus, ending the first half of 2025 with a profit after tax of VND28.9 billion, Thua Thien Hue Construction and Installation has completed 44.5% of the profit plan of VND65 billion in 2025.
In addition, as of June 30, 2025, Thua Thien Hue Construction and Installation owned VND 262.9 billion in cash and financial investments and VND1.89 billion in debt.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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