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Investors News
PNC: Notice of postponement of the holding of AGM 202109:3329/06/2021
PNC: Notice of postponement of the holding of AGM 2021
- PNC: Notice of the holding of Annual General Meeting 202101:0404/06/2021
- PNC: Record date for Annual General Meeting 202104:0812/05/2021
- PNC: BOD resolution on holding AGM 202104:4705/05/2021
Announcements
Phuong Nam wishes to divest all its CGV stakes at low price04:3212/09/2018
Phuong Nam Cultural JSC’s divestment of its stake in cinema giant CJ CGV (CGV) is rather unusual, as the cinema chain has been constantly expanding and Phuong Nam’s selling price is remarkably low.
- Phuong Nam Cultural to sell remaining stakes in CGV08:2913/08/2018
- Phương Nam Cultural plans to sell stakes05:0013/06/2018
- Phuong Nam divests 12.5 per cent of CJ CGV to pay off debts02:1713/06/2018
Corporate News
Bookstore chain reports loss in Q102:3905/05/2021
Phuong Nam Cultural Company, the owner of Phuong Nam Book store chain, reported a VND1.4 billion ($60,800) pre-tax loss in the first quarter. Revenues were up 9 percent year-on-year at VND130 billion, almost all of it from retail sales, with film production and book publishing contributing 1 percent. But the company still lost due to high costs. It recorded VND570 billion in revenue and VND6 billion in pre-tax profit last year, down 16 percent and 63 percent. It blamed the steep fall in sales and profits to the impact of the Covid-19 pandemic and fierce competition from online book retailers and foreign-owned bookstores.
Sector News
Publishing industry reports 2016 revenue of VND2 trillion09:3024/04/2017
The publishing industry has grown significantly, with revenue amounting to more than VND2 trillion (about US$88 million) in 2016, said the Vietnam Publishing Association.
- SAM: Q1 Net Profit Surges 35.5% On year to VND7.86Bln04:1125/04/2015
- Publishers Profit but Investors Unmoved10:3617/09/2013
- STG: Reminded of Late Information Disclosure10:3921/08/2013