Entering the morning trading session on April 24, PC1 shares of PC1 Group Joint Stock Company continued to fall sharply.Right from the beginning of the session, the market price fell to the floor price to 22,450 VND/share.While the floor selling surplus amounted to more than 22.9 million units, showing great selling pressure from investors.
This is the 8th consecutive declining session of this stock, including 2 sessions falling to the floor price.Notably, demand was almost "paralyzed" when buyers were not strong enough to absorb low-priced supply, causing the stock to quickly fall into a buyer-free state.
The above development shows that cash flow is withdrawing quite strongly from PC1, especially in the low price range.With the current decline, PC1's market price has quickly retreated to the beginning-of-year price range.In just the last 2 sessions, the enterprise's capitalization has "evaporated" about 1,460 billion VND.
In the short term, this stock has lost nearly 19% of its value after only 8 trading sessions, from the 27,600 VND/share range on April 15 to the current 350 VND/share in the trading session on March 3, before entering a deep correction phase.
The question being raised by many investors is what is happening with PC1.
Information from the 2025 annual report, with more than 60 years of experience, PC1 is leading the country in the field of electrical construction and installation when doing many national power transmission projects, especially EPC general contractor projects, PC projects to 500 KV voltage and highly specific projects (Gis station, island power supply project, submarine cable project...).
In addition, the enterprise also invests in energy with hydropower projects when successfully operating 7 hydropower plants and is constructing 2 plants, with a total hydropower capacity of 212 MW, corresponding to a total investment of more than 6,800 billion VND.
In the 2026 plan, PC1 will start the solar power project on the surface of the Trung Thu hydropower lake of 72 MW.
In the field of industrial production, PC1 is a large-scale unit, leading in Vietnam in supplying hot-dip galvanized steel columns for high-voltage and super-high-voltage transmission lines with a total capacity of 70,000 tons/year for the 2 existing plants and will increase to 110,000 tons/year after the 3rd plant comes into operation from the third quarter of 2026
In addition, PC1 is owning 57.27% of the capital of Tan Phat Mineral Joint Stock Company - the investor of the Niken - Copper open-pit mineral exploitation project in Cao Bang with a total investment of more than 1,700 billion VND; the designed capacity scale is 600,000 tons/year. The project has completed investment in construction, installation, trial run and officially put into production from February 2023.
The company also operates in the field of residential real estate and industrial park real estate.
On April 22, PC1 held the 2026 Annual General Meeting of Shareholders with a plan to set a target of total consolidated revenue of VND 15,618 billion, an increase of 19% compared to 2025.However, after-tax profit is expected to reach VND 1,056 billion, a decrease of 22%.
