In the session on April 16, the pressure of strong semi-rising at the end of the afternoon session, especially at the cylinder stock group, caused VN-Index to deepen the support threshold.
Closing the session 16.4, VN-Index fell 17.49 points to 1,210.3 points. The liquidity decreased with the matching value of HOSE reaching about 18,000 billion VND.
Notably, the stock market session 16.4 suddenly witnessed the mixed trading of FPT shares and FOX shares of FPT Telecom.
FPT shares are under strong selling pressure to reduce the "white buyer", and Fox in the opposite direction increased by 4%. FPT shares were also net sold by foreign investors 499 billion in today's session.
FPT shares fell deeper immediately after the annual shareholder meeting of 2025 on April 15, passed a record high business plan with the target of revenue reaching 75,400 billion VND and profit before tax 13,395 billion VND, increasing by 20% and 21% compared to 2024.
Meanwhile, FPT Telecom has just announced the second dividend payment in cash in 2024 at 3,000 VND/share. With more than 492.5 million shares circulating, FPT Telecom is expected to spend nearly 1,500 billion VND dividends for this phase.
In addition to paying cash dividends, FPT Telecom also plans to issue shares to increase equity at a rate of 50% (10 stocks will receive an additional 5 new shares). If successful, after the release, the charter capital of FPT Telecom will increase from VND 4,925 billion to nearly 7,388 billion VND. Expected implementation time is implemented in 2025.
Regarding the 2025 business plan, FPT Telecom aims to revenue 19,900 billion VND, an increase of 13% compared to 2024, of which the Telecommunications revenue is expected to be 19,100 billion VND, the rest comes from digital content revenue. Interest profits expected to reach 4,200 billion dong, an increase of 17%, if completed, they will set a new record for revenue and profit.
In addition, industrial real estate stocks, with names that are noticeable such as BCM and GVR, KBC are also sold hard in today's trading session.
Even the stock price of KBC of Kinh Bac Urban Development Corporation dropped to the floor drama to 20,600 VND/share. Since the beginning of April, KBC has decreased by nearly 40% of the market price, corresponding capitalization "evaporated" more than VND 6,500 billion. The decline of the KBC code takes place after the new information about tariffs from January 2, 2025, along with the overall development of the industrial park real estate group.
In 2024, Kinh Bac Urban Development Corporation planned a revenue of VND 9,000 billion and profit after tax of 4,000 billion VND. In fact, the company reached 423 billion profit after tax, decreased by more than 80% compared to the previous year. Compared to the plan set at the beginning of the year, KBC only reached more than 10% of the profit target.
Talking about this, the President of the KBC once acknowledged the company's 2024 business results was not good, because the projects were delayed.
