Doan Hoang Nam, son of Hoang Anh Gia Lai chairman Doan Nguyen Duc (Bau Duc), has registered to purchase 27 million HAG shares, worth over 437 billion VND.
After 18 consecutive quarters of reporting accumulated losses, Hoang Anh Gia Lai (HAG) has recorded over 400 billion VND in undistributed post-tax profit on its balance sheet.
Duc expects Hoang Anh Gia Lai to reach a profit of 2,500 billion VND this year, thanks to high banana prices, durian harvests, and extraordinary income in Quarter III.
