PNJ — Vietnamese Stock News

PNJ reports Q2 net loss of VND 283B due to diamond buyback provision; stock plunges to 6-year low on HOSE.

T. Rowe Price group reduces PNJ stake to 4.97% after stock issuance, ceasing to be a major shareholder. Stock sees high volatility with 87M shares traded in 5 sessions.

T. Rowe Price's group holds 4.97% of PNJ after bonus share issuance, falling below the 5% threshold. Three foreign funds lost major shareholder status in July.

PNJ reappoints Ms. Do Thi Ngoc Thanh to governance role; subsidiary P-Lab involved in diamond smuggling. Q2 net loss VND 283B on provisioning, H1 profit up 6.3%.

PNJ reports Q2 2026 net loss of VND 283B due to VND 865B provision for diamond buybacks, despite 12% revenue growth. Cash and deposits total VND 3.9T.

PNJ reports Q2/2026 net loss of 283B VND due to 865.5B VND provision for diamond buybacks, despite 12% revenue growth. HOSE-listed jewelry retailer faces liquidity pressure.

PNJ reports Q2/2026 net loss of VND 283 billion due to a VND 865.5 billion provision for diamond buybacks, despite 12% revenue growth. Stock closed at VND 32,500.

PNJ reports record net loss of VND 283B in Q2 2026 due to VND 865B provision for product buybacks amid diamond smuggling scandal. Revenue up 12%.

PNJ reports Q2 2026 net loss of VND 283B despite 12% revenue growth, due to VND 865.5B provision for diamond buyback after smuggling scandal. Cash holdings at VND 4,000B.

Foreign investors sold ~35 million PNJ shares in three weeks, reducing ownership to 41% as stock plunges 51% amid a diamond smuggling scandal.

Foreign investors net sold VND 3,804B in the week of July 20-24, with PNJ, VCB, VPB leading sales, as VN-Index fell 101 points to 1,688.

Foreign net selling on HOSE reached VND 1,329B on July 24, with PNJ leading at over VND 533B. Proprietary desks also net sold VND 431B, focusing on HPG and STB.

Vietnam's Ministry of Industry and Trade plans to inspect 5 precious metal and gemstone businesses, including PNJ, following an anti-money laundering directive from the State Bank.

PNJ revises diamond buyback policy, limiting daily payments and extending settlement to 120 days. Stock falls 46% in one month to 35,500 VND, a 3-year low.

SSI and KIS remove PNJ from margin lists, cutting lending to 0%. PNJ shares hit floor at 35,500 VND, market cap down 13,800 billion VND since early July.

PNJ temporarily suspends P-Lab diamond certification for external clients to reduce legal risks after a 28,000-diamond smuggling case involving the former director.

PNJ CEO Phan Quoc Cong admits liquidity pressure from P-Lab diamond smuggling scandal; sales drop to 1/5 of purchases, market cap loses VND 4,000B.

PNJ divests entire 19.9% stake in Nguoi Ban Vang for at least VND 3.98B, clarifying Cashion is not a partner or subsidiary.

PNJ plans international audit of diamond processes after former subsidiary director prosecuted for smuggling. Stock down 6.3%, market cap lost nearly 35%.

PNJ shares hit 40,600 VND, down 50% from peak, after former P-Lab director indicted for diamond smuggling. Company seeks share buyback approval.

PNJ shares hit 15-month low after former subsidiary director prosecuted for diamond smuggling. Management reassures, insider buying planned.

PNJ's diamond appraisal subsidiary head arrested for smuggling and fake GIA certificates. Market cap drops over 6,000 billion VND in one week. Read analysis.

PNJ subsidiary P-Lab implicated in diamond smuggling; 28,000 diamonds under investigation. PNJ clarifies no retail impact, but SSI flags governance risk.

PNJ shares fell 5% after former P-Lab director arrested in diamond smuggling case. Multiple securities firms cut margin; SSI Research lowers 2026 profit forecast.

PNJ sets up special supervisory board for subsidiary P-Lab after director arrested for smuggling 28,000 diamonds. Stock fell limit-down three consecutive sessions.

PNJ CEO Cao Thi Ngoc Dung states 28,000 smuggled diamonds are unrelated to PNJ. SSI lowers 2026 net profit forecast to VND 3,333 billion and places stock under review.

PNJ shares fall limit-down for second session, wiping out VND 4.3 trillion market cap after diamond smuggling investigation involving former P-Lab director.

PNJ chairwoman Cao Thi Ngoc Dung apologizes to shareholders after former P-Lab director arrested in diamond smuggling case involving VND 280 billion.

PNJ board member Dao Trung Kien registers to sell 561,199 shares; his father buys the same amount, transferring 0.11% of capital. Q1 net profit up 116.5%.

Domestic gold prices fell sharply on June 8, with SJC bars and rings dropping 6.2 million VND/tael below 150 million VND. PNJ (HOSE) sees impact.