Shares of Da Nang Water Supply JSC (DNN) rose 13.8% to VND 43,500 after four consecutive limit-up sessions, and have gained more than 400 times in about a year and a half from the adjusted VND 100 per share level in May 2025. Trading remains thin, typically only a few hundred to a few thousand shares per session, as most charter capital is held by the Da Nang People's Committee and Da Nang Central Region Investment JSC, limiting the free float. An extraordinary general meeting expected on Oct. 30 will vote on the 2026–2031 Board of Directors and Supervisory Board and amend the charter, though the nominee list is not the official result. Business has recovered, with 2025 net revenue of VND 774.3 billion (up 20.1%) and after-tax profit of VND 234 billion (up 133.2%). The article cites the company's cash dividends of 16%–23% annually over six years, which it says have been a main driver of the rally.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Một cổ phiếu Việt Nam tăng sốc 400 lần trong hơn 1 năm
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