Reported Earnings • Apr 04
Full year 2025 earnings released: ₫954 loss per share (vs ₫916 profit in FY 2024) Full year 2025 results: ₫954 loss per share (down from ₫916 profit in FY 2024). Revenue: ₫560.5b (up 34% from FY 2024). Net loss: ₫105.8b (down 204% from profit in FY 2024). Announcement • Mar 12
Hapaco Group Joint Stock Company, Annual General Meeting, Apr 15, 2026 Hapaco Group Joint Stock Company, Annual General Meeting, Apr 15, 2026, at 08:00 SE Asia Standard Time. Location: phu quy hall, no. 1 thicn loi, gia vien ward, hai phong Vietnam Reported Earnings • Nov 02
Third quarter 2025 earnings released Third quarter 2025 results: EPS: ₫28.44. Net income: ₫3.15b (up ₫3.15b from 3Q 2024). Reported Earnings • Aug 02
Second quarter 2025 earnings released Second quarter 2025 results: ₫37.00 loss per share. Net loss: ₫4.14b (flat on 2Q 2024). New Risk • Jul 24
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 5.3% 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: Minor Risks Share price has been volatile over the past 3 months (5.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₫750.0b market cap, or US$28.5m). New Risk • Apr 08
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 262% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₫533.6b market cap, or US$20.8m). Announcement • Mar 11
Hapaco Group Joint Stock Company, Annual General Meeting, Mar 31, 2025 Hapaco Group Joint Stock Company, Annual General Meeting, Mar 31, 2025, at 08:00 SE Asia Standard Time. Location: convention center, no. 18 hoang dieu street, minh khai ward, hong bang district, hai phong Vietnam Buy Or Sell Opportunity • Feb 07
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 6.3% to ₫4,560. The fair value is estimated to be ₫3,773, however this is not to be taken as a sell recommendation but rather should be used as a guide only. New Risk • Feb 01
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 5.1% 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 Latest financial reports are more than 1 year old (reported September 2015 fiscal period end). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (₫486.6b market cap, or US$19.5m). Buy Or Sell Opportunity • Jan 03
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to ₫4,620. The fair value is estimated to be ₫3,802, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Upcoming Dividend • Jul 20
Upcoming dividend of ₫500 per share at 7.2% yield Eligible shareholders must have bought the stock before 27 July 2023. Payment date: 23 August 2023. Trailing yield: 7.2%. Lower than top quartile of Vietnamese dividend payers (8.4%). Higher than average of industry peers (5.8%). Announcement • Jul 14
Hapaco Group Joint Stock Company Approves to Pay Cash Dividend for 2022, Payable on August 23, 2023 The Board of Directors of Hapaco Group Joint Stock Company approved to pay cash dividend of VND 500 per share for 2022. Record date is July 28, 2023. Payment date is August 23, 2023. Announcement • Dec 28
Hapaco Group Joint Stock Company (HOSE:HAP) agreed to acquire an unknown additional stake in Green International Hospital Joint Stock Company for VND 388 billion. Hapaco Group Joint Stock Company (HOSE:HAP) agreed to acquire an unknown additional stake in Green International Hospital Joint Stock Company for VND 388 billion on December 24, 2022. Hapaco Group will acquire 19.4 million shares in Green International Hospital Joint Stock Company for not less than VND 20,000/share. The Board Of Directors of Hapaco Group Joint Stock Company approved the transaction. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. 1 highly experienced director. 1 independent director (7 non-independent directors). Independent Director Le Tien was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Jun 15
Hapaco Group Joint Stock Company Announces Management Changes The Board of Directors of Hapaco Group Joint Stock Company approved the concurrent position of secretary of the Board of Directors for Ms. Do Thi Ha Phuong effective from June 07, 2022; and appointed Mr. Bui Doan Nhan as Deputy CEO cum the Company’s Secretary effective from June 07, 2022. Upcoming Dividend • Jun 10
Upcoming dividend of ₫400 per share Eligible shareholders must have bought the stock before 17 June 2022. Payment date: 29 July 2022. Trailing yield: 4.7%. Lower than top quartile of Vietnamese dividend payers (7.3%). In line with average of industry peers (4.4%). Announcement • May 19
Hapaco Group Joint Stock Company Approves Cash Dividend for 2021, Payable on July 29, 2022 The Board of Directors of Hapaco Group Joint Stock Company approved to pay cash dividend of VND 400 per share for 2021. Record date is June 20, 2022. Payment date is July 29, 2022. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. 1 highly experienced director. 1 independent director (7 non-independent directors). Independent Director Le Tien was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 24
Hapaco Group Joint Stock Company, Annual General Meeting, May 14, 2022 Hapaco Group Joint Stock Company, Annual General Meeting, May 14, 2022, at 01:00 Coordinated Universal Time. Location: 18 Hoang Dieu, Minh Khai Ward, Hong Bang District Hai Phong City Vietnam Upcoming Dividend • Sep 03
Upcoming dividend of ₫600 per share Eligible shareholders must have bought the stock before 10 September 2021. Payment date: 13 October 2021. Trailing yield: 4.2%. Lower than top quartile of Vietnamese dividend payers (7.0%). In line with average of industry peers (4.1%). Is New 90 Day High Low • Mar 04
New 90-day high: ₫8,100 The company is up 38% from its price of ₫5,880 on 04 December 2020. The Vietnamese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 16% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: ₫7,360 The company is up 28% from its price of ₫5,750 on 15 October 2020. The Vietnamese market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 14% over the same period. Is New 90 Day High Low • Dec 23
New 90-day high: ₫6,310 The company is up 7.0% from its price of ₫5,900 on 24 September 2020. The Vietnamese market is up 17% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Forestry industry, which is also up 7.0% over the same period. Announcement • Nov 24
Hapaco Group Joint Stock Company Appoints Bui Doan Nhan as Deputy CEO as from November 18, 2020 Hapaco Group Joint Stock Company appointed Bui Doan Nhan as Deputy CEO as from November 18, 2020. Announcement • Oct 11
Hapaco Group Joint Stock Company (HOSE:HAP) agreed to acquire additional 18.3% stake in Green International Hospital Joint Stock Company for VND 140 billion. Hapaco Group Joint Stock Company (HOSE:HAP) agreed to acquire additional 18.3% stake in Green International Hospital Joint Stock Company for VND 140 billion on October 7, 2020. Hapaco Group Joint Stock Company will acquire 9.6 million shares of Green International Hospital Joint Stock Company at an offer price of VND 14600 per share. Upon completion, Hapaco Group Joint Stock Company will hold 52% stake in Green International Hospital Joint Stock Company. The transaction is approved by the board of Hapaco Group Joint Stock Company. 
