In Q2, PNJ reported a net loss of nearly 283 billion VND, a record since its information disclosure began, attributed to an 865 billion VND provision for product repurchases.
Vingroup's dual stocks, VIC and VHM, served as a crucial support, propelling the stock market up by over 22 points, even as most shares declined today.
Following a similar move by Ms. Cao Thi Ngoc Dung's brother, PNJ CEO Phan Quoc Cong has registered to acquire 1 million shares as the market price sees a significant drop.
When reselling diamond products to PNJ, customers may incur a loss of approximately 2-25%, depending on the product type, stone quality, size, and transaction method.
PNJ achieved 35,410 billion dong in revenue and record post-tax profit in 2025 amid numerous challenges in the jewelry industry, securing its place in the fortune southeast asia 500.
