Mon, Nov 10, 2025, 10:27:00
According to a filing on November 4, Dragon Capital purchased 200,000 DGC shares via two member funds, Norges Bank and Vietnam Enterprise Investments Limited, each acquiring 100,000 shares.
Following the transaction, Dragon Capital’s total holdings in the Vietnamese chemicals giant increased from 18.8 million shares to over 19 million, raising its ownership from 4.96% to 5.01%.
In Q3/2025, Duc Giang Chemicals reported VND2.82 trillion ($107.07 million) in revenue, up 10.1% year-on-year, and net profit of VND804 billion ($30.56 million), up 9%.
For the first nine months of 2025, revenue reached VND8.52 trillion ($323.87 million), up 14.4% from a year earlier, while net profit rose 9% to VND2.53 trillion ($96.24 million), fulfilling 84.4% of its full-year profit goal of VND3 trillion ($114.03 million).
As of September 30, total assets climbed 22.8% since the start of the year to VND19.42 trillion ($738.28 million). Total liabilities stood at VND3.41 trillion ($129.72 million), up 61% year-to-date.
Duc Giang Chemicals aims for consolidated revenue of VND2.83 trillion ($107.72 million) and net profit of VND800 billion ($30.41 million).
The company also outlined an investment plan, including VND600 billion ($22.81 million) for the Nghi Son Duc Giang chemicals complex project (Thanh Hoa province), VND15 billion ($570,130) for Duc Giang Lao Cai Chemicals Limited Company (Lao Cai province), and VND10 billion for mine upgrades and expansion.
DGC shares closed down 2% to VND93,100 ($3.54) each on Friday.
