Leader Ton Dong A and his wife completed the transfer of nearly 2.5 million GDA shares

The transactions by leader Ton Dong A and his wife come against the backdrop of a recovery in GDA’s share price in recent months. Information from the Hanoi Stock Exchange (HNX) shows that Ms. Le Thi Phuong Loan, a member of the board of directors of Ton Dong A Joint Stock Company (code: GDA), has purchased more than 2.47 million GDA shares since January 25. From December 2019 and 2023 to January 5, 2024, thereby increasing the number of shares held to 14.77 million shares, equivalent to 12.88%.

Conversely, during the same period, Ms Loan’s husband, Mr Vu Minh Tan, sold more than 2.47 million GDA shares and no longer holds any GDA shares.

Previously, both Ms. Loan and Mr. Tan had agreed to register for trading. During the trading period, GDA stock recorded a total put transaction volume of more than 2.49 million shares, with a total transaction value of more than VND53 billion.

The transactions by Ms Loan and Mr Tan come against the backdrop of rising GDA share prices in recent months. As of the end of the latest trading day on January 9, GDA’s share price closed at VND25,800 per share, down 1.9%, with trading volume reaching 69,400 shares.

In terms of operating performance, in the first nine months of 2023, Dongdong A achieved revenue of 12,814 billion VND and after-tax profit of 264 billion VND, a year-on-year decrease of 26% and an increase of 113% respectively. This result is equivalent to achieving 75% of the revenue plan and exceeding the set profit target by 32%.

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