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HTC Holding addresses Q3 results amidst strategic restructuring

November 18, 2025 at 06:01 PM UTCBy FilingReader AI

HTC Holding Joint Stock Company has clarified its Q3 2025 business results, which showed zero-valued indicators. The company explained that a transition of leadership and management occurred in September 2025, involving share transactions. While traditional business activities like agricultural product export continued, the company could not finalize invoices or recognize revenue for Q3. These revenues are expected to be recognized in Q4 2025, with a target of VND15 billion by year-end.

In parallel with this operational shift, HTC Holding announced plans to fully divest its capital contribution in Diamond Park Investment Joint Stock Company, as approved by the General Meeting of Shareholders on September 5, 2025, following a board resolution dated August 13, 2025. This divestment is also anticipated to conclude in Q4 2025.

Looking ahead, HTC Holding intends to reorient its production and business activities to align with its new capacity, adjusting and supplementing its business lines. The company also confirmed ongoing negotiations for real estate investment cooperation and the planned deployment of new projects. HTC Holding reaffirmed its commitment to complying with all disclosure regulations.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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