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KSV wants to divest all BCV shares

VHO - TKV Minerals Corporation - JSC (code KSV) has just approved a plan to divest all 923,500 shares at Bang Giang - Cao Bang - Vimico Tourism and Trade JSC (code BCV).

Báo Văn HóaBáo Văn Hóa19/07/2025

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KSV wants to divest all BCV shares - photo 1
KSV sets a revenue target of VND12,619 billion and pre-tax profit of VND1,000 billion. Illustrative photo

Currently, KSV is the parent company, holding 51.31% of BCV's charter capital. The company plans to sell all of these shares at a price no lower than VND61,900/share, equivalent to a total revenue of more than VND57 billion. However, the offering price is nearly 2.9 times higher than BCV's market price on UPCoM - VND21,500/share.

Regarding business results, in the first quarter of 2025, KSV recorded a profit after tax of more than VND 314 billion, 4.1 times higher than the same period last year, mainly due to the increase in average selling prices of key products such as copper plates, gold, silver, magnetite concentrate and zinc ingots.

In 2025, KSV targets revenue of VND 12,619 billion and pre-tax profit of VND 1,000 billion, down 5% and 36% respectively compared to 2024 results. With pre-tax profit in the first quarter reaching VND 405.3 billion, the company has completed 40.5% of the yearly plan.

KSV commented that in 2025 and the coming years, the macro economy will face many challenges, with high inflationary pressure, and strong fluctuations in gasoline, oil, and input material prices. Not to mention, site clearance continues to be difficult; mining conditions at most units are more difficult; machinery and equipment are degraded; there is a lack of raw materials for production for the Cao Bang Iron and Steel Complex... so production and business activities in 2025 will certainly face many challenges.

In the 2021-2025 period, the Company aims to achieve VND 58,117 billion in consolidated revenue and nearly VND 4,191 billion in pre-tax profit. In the 2026-2030 period, the enterprise expects to record VND 68,815 billion in revenue and VND 3,626 billion in pre-tax profit.

Bang Giang – Cao Bang Tourism and Trade Joint Stock Company, formerly known as Bang Giang Guest House, is under the Cao Bang Provincial Party Committee. In 2008, the Company began operating under the joint stock model and is a subsidiary of the Minerals Corporation – TKV.

Source: https://baovanhoa.vn/kinh-te/ksv-muon-thoai-toan-bo-co-phieu-bcv-153817.html


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