Gelex Electric (GEE) finalized the issuance date for over 274 million bonus shares to shareholders at a 4:3 ratio and approved a 30% dividend plan for 2026, while forecasting a 38% drop in consolidated net profit.
Vinhomes (VHM) raised its 2026 revenue target by VND 35 trillion to VND 285 trillion and its net profit target by VND 10 trillion to VND 60 trillion, representing 86% and 38% growth respectively versus 2025 results. The guidance revision, announced ahead of the April 21 shareholder meeting, triggered a 6.93% ceiling-price rally for VHM and lifted other Vin-group stocks.
The article recaps the past week's market performance, noting the VN-Index recovered to the 1,800 level, primarily driven by strong gains in VIC and VHM, while KSF led gains on the HNX-Index.
The article reports on daily market movements, with MWG hitting the ceiling limit on high volume due to IPO expectations for its subsidiary, while Vin-group and real estate stocks corrected sharply, and oil & gas stocks rose.
Foreign investors were net sellers of VND 123.2 billion (~USD 4.93 million) on the Vietnamese stock market, with notable net buying in Food & Beverage and Securities sectors, and net selling in Banking. Individual investors were strong net buyers of VND 1,237.3 billion.
Gelex Electric (GEE) plans to issue nearly 274.5 million bonus shares to shareholders at a 4:3 ratio in Q2/2026, increasing its charter capital. The company also approved a 2026 business plan with a 7% revenue increase but a significant 38% decrease in after-tax profit, alongside a 30% dividend plan.
Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.