Announcement • May 18
BGI Group Joint Stock Company, Annual General Meeting, Jun 09, 2026 BGI Group Joint Stock Company, Annual General Meeting, Jun 09, 2026, at 08:00 SE Asia Standard Time. Location: 3rd floor hall, vinaconex 7 building, no. 61, nguyen van giap street, tu liem ward, hanoi Vietnam New Risk • Mar 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 220% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (₫711.1b market cap, or US$27.0m). Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₫7,400, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 12x in the Construction industry in Vietnam. Total returns to shareholders of 34% over the past three years. Reported Earnings • Jan 30
Full year 2025 earnings released: EPS: ₫264 (vs ₫93.00 in FY 2024) Full year 2025 results: EPS: ₫264 (up from ₫93.00 in FY 2024). Revenue: ₫533.1b (up 81% from FY 2024). Net income: ₫25.4b (up 78% from FY 2024). Profit margin: 4.8% (down from 4.9% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₫8,400, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 13x in the Construction industry in Vietnam. Total returns to shareholders of 36% over the past three years. Upcoming Dividend • Jan 16
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 23 January 2026. Payment date: 06 March 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.1%. Lower than top quartile of Vietnamese dividend payers (7.5%). Higher than average of industry peers (3.8%). New Risk • Jan 09
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 351% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 351% Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (₫960.9b market cap, or US$36.5m). Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₫9,900, the stock trades at a trailing P/E ratio of 57.6x. Average trailing P/E is 18x in the Construction industry in Vietnam. Total returns to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₫12,000, the stock trades at a trailing P/E ratio of 69.8x. Average trailing P/E is 19x in the Construction industry in Vietnam. Total returns to shareholders of 17% over the past three years. Announcement • May 31
BGI Group Joint Stock Company, Annual General Meeting, Jun 24, 2025 BGI Group Joint Stock Company, Annual General Meeting, Jun 24, 2025, at 08:30 SE Asia Standard Time. Location: bgi group jsc conference hall at the head, office address, 3rd floor, vinaconex 7 building, no.61 nguyen van giap street, cau dien ward, nam tu liem district, hanoi Vietnam Reported Earnings • Apr 30
First quarter 2025 earnings released: EPS: ₫30.00 (vs ₫23.00 in 1Q 2024) First quarter 2025 results: EPS: ₫30.00 (up from ₫23.00 in 1Q 2024). Revenue: ₫51.1b (down 3.3% from 1Q 2024). Net income: ₫2.91b (up 34% from 1Q 2024). Profit margin: 5.7% (up from 4.1% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₫8,300, the stock trades at a trailing P/E ratio of 55.8x. Average trailing P/E is 19x in the Construction industry in Vietnam. Total loss to shareholders of 55% over the past three years. New Risk • Feb 11
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.0% Last year net profit margin: 13% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (₫970.5b market cap, or US$37.9m). New Risk • Jan 31
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended December 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2023 fiscal period end). Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue has declined by 0.7% over the past year. High level of non-cash earnings (54% accrual ratio). Minor Risk Market cap is less than US$100m (₫941.7b market cap, or US$37.7m). Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₫9,800, the stock trades at a trailing P/E ratio of 22.4x. Average trailing P/E is 19x in the Construction industry in Vietnam. Total loss to shareholders of 46% over the past three years. New Risk • Jan 08
New major risk - Revenue and earnings growth Revenue has declined by 0.7% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Revenue has declined by 0.7% over the past year. High level of non-cash earnings (54% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (₫1.06t market cap, or US$41.2m). New Risk • Dec 31
New major risk - Revenue and earnings growth Revenue has declined by 0.7% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). Revenue has declined by 0.7% over the past year. High level of non-cash earnings (54% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (₫1.18t market cap, or US$46.1m). Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₫14,900, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 18x in the Construction industry in Vietnam. Total loss to shareholders of 36% over the past three years. New Risk • Dec 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Vietnamese stocks, typically moving 7.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.0% average weekly change). High level of non-cash earnings (54% accrual ratio). Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (₫1.19t market cap, or US$46.5m). Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₫11,300, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 17x in the Construction industry in Vietnam. Total loss to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₫10,100, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 17x in the Construction industry in Vietnam. Total loss to shareholders of 62% over the past three years. New Risk • Aug 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (54% accrual ratio). Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (₫874.4b market cap, or US$35.0m). Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₫9,400, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 20x in the Construction industry in Vietnam. Total returns to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₫11,300, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 22x in the Construction industry in Vietnam. Total returns to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₫14,000, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 26x in the Construction industry in Vietnam. Total returns to shareholders of 22% over the past three years. Reported Earnings • Feb 02
Full year 2023 earnings released: EPS: ₫831 (vs ₫261 in FY 2022) Full year 2023 results: EPS: ₫831 (up from ₫261 in FY 2022). Revenue: ₫322.8b (flat on FY 2022). Net income: ₫42.0b (up 235% from FY 2022). Profit margin: 13% (up from 3.9% in FY 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. New Risk • Dec 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₫1.39t market cap, or US$57.6m). Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₫15,800, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 26x in the Construction industry in Vietnam. Total returns to shareholders of 376% over the past three years. Reported Earnings • Oct 18
Third quarter 2023 earnings released: EPS: ₫462 (vs ₫21.00 in 3Q 2022) Third quarter 2023 results: EPS: ₫462 (up from ₫21.00 in 3Q 2022). Revenue: ₫81.9b (up 2.3% from 3Q 2022). Net income: ₫21.4b (up ₫20.2b from 3Q 2022). Profit margin: 26% (up from 1.5% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to ₫20,700, the stock trades at a trailing P/E ratio of 77.8x. Average trailing P/E is 29x in the Construction industry in Vietnam. Total returns to shareholders of 495% over the past three years. Reported Earnings • Jul 19
Second quarter 2023 earnings released: EPS: ₫132 (vs ₫114 in 2Q 2022) Second quarter 2023 results: EPS: ₫132 (up from ₫114 in 2Q 2022). Revenue: ₫80.9b (down 24% from 2Q 2022). Net income: ₫6.03b (up 9.2% from 2Q 2022). Profit margin: 7.5% (up from 5.2% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 64% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₫11,100, the stock trades at a trailing P/E ratio of 42.1x. Average trailing P/E is 25x in the Construction industry in Vietnam. Total returns to shareholders of 154% over the past three years. Reported Earnings • May 14
First quarter 2023 earnings released: EPS: ₫9.00 (vs ₫61.50 in 1Q 2022) First quarter 2023 results: EPS: ₫9.00 (down from ₫61.50 in 1Q 2022). Revenue: ₫42.9b (down 42% from 1Q 2022). Net income: ₫750.7m (down 76% from 1Q 2022). Profit margin: 1.8% (down from 4.2% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₫8,600, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 22x in the Construction industry in Vietnam. Total returns to shareholders of 120% over the past three years. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improved over the past week After last week's 22% share price gain to ₫11,100, the stock trades at a trailing P/E ratio of 69.7x. Average trailing P/E is 15x in the Construction industry in Vietnam. Total returns to shareholders of 113% over the past three years. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₫11,500, the stock trades at a trailing P/E ratio of 72.2x. Average trailing P/E is 14x in the Construction industry in Vietnam. Total returns to shareholders of 115% over the past three years. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₫12,200, the stock trades at a trailing P/E ratio of 76.6x. Average trailing P/E is 28x in the Construction industry in Vietnam. Total returns to shareholders of 125% over the past three years. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment deteriorated over the past week After last week's 35% share price decline to ₫12,600, the stock trades at a trailing P/E ratio of 79.2x. Average trailing P/E is 26x in the Construction industry in Vietnam. Total returns to shareholders of 135% over the past three years. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment deteriorated over the past week After last week's 28% share price decline to ₫24,100, the stock trades at a trailing P/E ratio of 75.7x. Average trailing P/E is 23x in the Construction industry in Vietnam. Total returns to shareholders of 287% over the past three years. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₫14,900, the stock trades at a trailing P/E ratio of 46.8x. Average trailing P/E is 16x in the Construction industry in Vietnam. Total returns to shareholders of 93% over the past three years. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improved over the past week After last week's 20% share price gain to ₫17,700, the stock trades at a trailing P/E ratio of 55.6x. Average trailing P/E is 15x in the Construction industry in Vietnam. Total returns to shareholders of 107% over the past three years. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improved over the past week After last week's 20% share price gain to ₫14,700, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 13x in the Construction industry in Vietnam. Total returns to shareholders of 73% over the past three years. Reported Earnings • Jul 22
Second quarter 2021 earnings released: EPS ₫18.00 (vs ₫173 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₫46.0b (up 46% from 2Q 2020). Net income: ₫492.2m (down 88% from 2Q 2020). Profit margin: 1.1% (down from 13% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ₫11,800, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 13x in the Construction industry in Vietnam. Total loss to shareholders of 13% over the past three years. Reported Earnings • Apr 24
First quarter 2021 earnings released: EPS ₫11.00 (vs ₫52.38 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₫8.41b (down 67% from 1Q 2020). Net income: ₫181.8m (down 86% from 1Q 2020). Profit margin: 2.2% (down from 4.9% in 1Q 2020). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improved over the past week After last week's 21% share price gain to ₫14,200, the stock trades at a trailing P/E ratio of 40.6x. Average trailing P/E is 17x in the Construction industry in Vietnam. Total returns to shareholders of 7.9% over the past three years. Is New 90 Day High Low • Mar 02
New 90-day high: ₫11,000 The company is up 168% from its price of ₫4,100 on 02 December 2020. The Vietnamese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 48% over the same period. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 22% share price gain to ₫10,000, the stock is trading at a trailing P/E ratio of 28.6x, up from the previous P/E ratio of 23.4x. This compares to an average P/E of 16x in the Construction industry in Vietnam. Total return to shareholders over the past three years is a loss of 33%. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₫6,900, the stock is trading at a trailing P/E ratio of 19.7x, down from the previous P/E ratio of 25.7x. This compares to an average P/E of 14x in the Construction industry in Vietnam. Total return to shareholders over the past three years is a loss of 45%. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 27% share price gain to ₫6,600, the stock is trading at a trailing P/E ratio of 12.8x, up from the previous P/E ratio of 10.1x. This compares to an average P/E of 12x in the Construction industry in Vietnam. Total return to shareholders over the past three years is a loss of 50%. Is New 90 Day High Low • Dec 22
New 90-day high: ₫5,800 The company is up 18% from its price of ₫4,900 on 23 September 2020. The Vietnamese market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 25% over the same period. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improved over the past week After last week's 32% share price gain to ₫5,800, the stock is trading at a trailing P/E ratio of 11.3x, up from the previous P/E ratio of 8.5x. This compares to an average P/E of 11x in the Construction industry in Vietnam. Total return to shareholders over the past three years is a loss of 56%. Is New 90 Day High Low • Nov 11
New 90-day low: ₫3,900 The company is down 13% from its price of ₫4,476 on 13 August 2020. The Vietnamese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 23% over the same period. Reported Earnings • Oct 21
Third quarter earnings released Over the last 12 months the company has reported total profits of ₫12.4b, up 8.3% from the prior year. Total revenue was ₫155.0b over the last 12 months, up 59% from the prior year. Announcement • Sep 19
Pham Thi Tram acquired additional 9.46% stake in No7 Vietnam Construction Joint Stock Company (HNX:VC7). Pham Thi Tram acquired additional 9.46% stake in No7 Vietnam Construction Joint Stock Company (HNX:VC7) on February 22, 2018. Under the terms of the transaction, Pham Thi Tram acquired 1.04 million shares of No7 Vietnam Construction Joint Stock Company. Upon completion, Pham Thi Tram hollds 18.4% stake in No7 Vietnam Construction Joint Stock Company.
Pham Thi Tram completed the acquisition of additional 9.46% stake in No7 Vietnam Construction Joint Stock Company (HNX:VC7) on February 22, 2018. Is New 90 Day High Low • Sep 18
New 90-day high: ₫5,000 The company is up 12% from its price of ₫4,476 on 19 June 2020. The Vietnamese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 19% over the same period. Announcement • Jul 31
An unknown buyer acquired 6.9% stake in No7 Vietnam Construction Joint Stock Company (HNX:VC7) from Do Manh Cuong. An unknown buyer acquired 6.9% stake in No7 Vietnam Construction Joint Stock Company (HNX:VC7) from Do Manh Cuong on April 7, 2020. As per the transaction, unknown buyer acquired 1.58 million shares. Post completion, Do Manh Cuong hold 2.59 million shares representing 11.32% stake of No7 Vietnam Construction Joint Stock Company.
An unknown buyer completed the acquisition of 6.9% stake in No7 Vietnam Construction Joint Stock Company (HNX:VC7) from Do Manh Cuong on April 7, 2020. 
