New Risk • Mar 26
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₫20b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₫20b free cash flow). Revenue has declined by 18% over the past year. Market cap is less than US$10m (₫62.4b market cap, or US$2.37m). Minor Risk Revenue is less than US$5m (₫57b revenue, or US$2.2m). Announcement • Mar 12
HACISCO Joint Stock Company, Annual General Meeting, Apr 29, 2026 HACISCO Joint Stock Company, Annual General Meeting, Apr 29, 2026. Location: the headquarters of hacisco jsc, no. 51 vutrong phung, thanh xuan ward, hanoi Vietnam Board Change • Jan 08
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Deputy Chairman Nghiem Nguyen is the most experienced director on the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Reported Earnings • Nov 01
Third quarter 2025 earnings released: EPS: ₫55.00 (vs ₫445 loss in 3Q 2024) Third quarter 2025 results: EPS: ₫55.00 (up from ₫445 loss in 3Q 2024). Revenue: ₫7.27b (down 30% from 3Q 2024). Net income: ₫426.3m (up ₫3.90b from 3Q 2024). Profit margin: 5.9% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Reported Earnings • Aug 01
Second quarter 2025 earnings released: EPS: ₫2.00 (vs ₫267 in 2Q 2024) Second quarter 2025 results: EPS: ₫2.00 (down from ₫267 in 2Q 2024). Revenue: ₫12.9b (down 83% from 2Q 2024). Net income: ₫16.1m (down 99% from 2Q 2024). Profit margin: 0.1% (down from 2.7% in 2Q 2024). The decrease in margin was driven by lower revenue. Reported Earnings • Jun 25
First quarter 2025 earnings released: EPS: ₫1.30 (vs ₫267 in 1Q 2024) First quarter 2025 results: EPS: ₫1.30 (down from ₫267 in 1Q 2024). Revenue: ₫2.98b (down 96% from 1Q 2024). Net income: ₫10.2m (down 100% from 1Q 2024). Profit margin: 0.3% (down from 2.7% in 1Q 2024). The decrease in margin was driven by lower revenue. Reported Earnings • May 03
First quarter 2025 earnings released: EPS: ₫5.63 (vs ₫267 in 1Q 2024) First quarter 2025 results: EPS: ₫5.63 (down from ₫267 in 1Q 2024). Revenue: ₫2.35b (down 97% from 1Q 2024). Net income: ₫43.9m (down 98% from 1Q 2024). Profit margin: 1.9% (down from 2.7% in 1Q 2024). The decrease in margin was driven by lower revenue. Announcement • Apr 16
HACISCO Joint Stock Company Provides Earnings Guidance for the Full Year 2025 HACISCO Joint Stock Company proposed a 2025 revenue plan to the general meeting of shareholders with a target of VND 123 billion and a profit after tax of VND 500 million. Board Change • Mar 28
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 7 non-independent directors. CEO, General Director & Director Long Tran was the last director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Announcement • Mar 21
HACISCO Joint Stock Company, Annual General Meeting, Apr 29, 2025 HACISCO Joint Stock Company, Annual General Meeting, Apr 29, 2025. Location: 2nd floor, no. 51, vu trong phung street, thanh xuan trung ward, thanh xuan district, hanoi Vietnam Board Change • Feb 24
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 7 non-independent directors. CEO, General Director & Director Long Tran was the last director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Announcement • Oct 22
HACISCO Joint Stock Company Announces Executive Resignation On October 18, 2024, the BOD of HACISCO Joint Stock Company approved the resignation of Mr. Pham Quang Dung as Deputy Chief Executive Officer from October 20, 2024. The resignation of Mr. Truong Tuan Long as Deputy Chief Executive Officer from October 20, 2024. Upcoming Dividend • Apr 10
Upcoming dividend of ₫50.00 per share Eligible shareholders must have bought the stock before 17 April 2024. Payment date: 25 April 2024. Trailing yield: 0.7%. Lower than top quartile of Vietnamese dividend payers (8.4%). Lower than average of industry peers (5.0%). Announcement • Mar 03
HACISCO Joint Stock Company, Annual General Meeting, Apr 26, 2024 HACISCO Joint Stock Company, Annual General Meeting, Apr 26, 2024. Announcement • Dec 27
HACISCO Joint Stock Company Appoints Pham Quang Dung as Deputy CEO, Effective from January 15, 2024 HACISCO Joint Stock Company announced the appointment of Mrs. Pham Quang Dung as Deputy CEO. Term: 02 years, Effective date: January 15, 2024. Announcement • Oct 06
HACISCO Joint Stock Company Announces Cash Dividend in 2022, Payable on November 11, 2023 The Board resolution dated October 04, 2023, the BOD of HACISCO Joint Stock Company approved the record date to pay for cash dividend in 2022 as follows: Record date: October 24, 2023, Exercise ratio: 0.5%/share (VND 50 /Share), Payment time: November 11, 2023. Announcement • Jul 06
HACISCO Joint Stock Company Announces CEO Changes HACISCO Joint Stock Company announced the appointment of Mr. Pham Kim Son as CEO of the company, with effect from July 1, 2023. Term: 2023-2026. The company also announced the resignation of Mr. Nguyen Quoc Anh as CEO, with effect from July 01, 2023. Announcement • May 26
HACISCO Joint Stock Company Announces Board Changes The Board of HACISCO Joint Stock Company announced the personnel change: the appointment of Mr. Nguyen Thanh Hari as Vice General Director. The appointment of Mr. Tuong Tuan Long as Vice General Director. The resignation of Mr. Nguyen Quoc Anh as Director of HACISCO 1 One Member Company Limited from June 01, 2023. Upcoming Dividend • Mar 22
Upcoming dividend of ₫150 per share at 1.8% yield Eligible shareholders must have bought the stock before 29 March 2023. Payment date: 10 April 2023. Trailing yield: 1.8%. Lower than top quartile of Vietnamese dividend payers (9.3%). Lower than average of industry peers (6.1%). 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. 4 non-independent directors. Member of Supervisory Board Lam Vu was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Oct 31
Upcoming dividend of ₫150 per share Eligible shareholders must have bought the stock before 07 November 2022. Payment date: 16 November 2022. Trailing yield: 1.9%. Lower than top quartile of Vietnamese dividend payers (8.8%). Lower than average of industry peers (6.2%). Announcement • Oct 25
HACISCO Joint Stock Company Approves Cash Dividend of 2021, Payable on November 16, 2022 The Board of Directors of HACISCO Joint Stock Company approved to pay for the first phase of 2021 dividend in cash: Record date is November 08, 2022; Payment date is November 16, 2022; and Dividend pay-out ratio: is1.5% per par value (VND 150 per share). Announcement • Sep 01
HACISCO Joint Stock Company Announces Change in Personnel, Effective September 01, 2022 The Board resolution dated August 30, 2022, the BOD of HACISCO Joint Stock Company approved the change personnel as follows: approved the resignation of Mrs. Tran Thi Thu Nhan as Chief Accountant of the Company from September 01, 2022. Approved the appointment of Mrs. Nguyen Thi Tuyet as Chief Accountant of the Company from September 01, 2022. Board Change • Apr 27
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. 4 non-independent directors. Member of Supervisory Board Lam Vu was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 22
Upcoming dividend of ₫300 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 16 July 2021. Trailing yield: 2.2%. Lower than top quartile of Vietnamese dividend payers (7.2%). Lower than average of industry peers (2.7%). Is New 90 Day High Low • Feb 22
New 90-day high: ₫10,250 The company is up 40% from its price of ₫7,300 on 23 November 2020. The Vietnamese market is up 18% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 41% over the same period. Is New 90 Day High Low • Feb 03
New 90-day high: ₫9,040 The company is up 21% from its price of ₫7,450 on 04 November 2020. The Vietnamese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 30% over the same period. Is New 90 Day High Low • Oct 20
New 90-day low: ₫6,800 The company is down 4.0% from its price of ₫7,110 on 22 July 2020. The Vietnamese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 19% over the same period. Announcement • Sep 29
HACISCO Joint Stock Company Announces Resignation of Ha Phu Thinh as Chairman and Member of BOD On September 24, 2020, HACISCO Joint Stock Company announces the following issues: Based on the Resignation Letter of Chairman of BOD and the withdrawal of member of BOD of Mr. Ha Phu Thinh. Accordingly, the BOD approved the resignation of Mr. Ha Phu Thinh as Chairman of BOD. Is New 90 Day High Low • Sep 25
New 90-day high: ₫8,800 The company is up 21% from its price of ₫7,270 on 26 June 2020. The Vietnamese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Construction industry, which is also up 21% over the same period. 
