Two female leaders of Yeah1 Group – Photo: YEG
Specifically, on the afternoon of December 24, Ms. Le Phuong Thao - Chairman of Yeah1 Group, sent a document to the Ho Chi Minh City Stock Exchange (HoSE) explaining the stock price movements of this enterprise.
Previously, Yeah1 Group's YEG stock had increased to the maximum limit for 5 consecutive sessions (ceiling increase).
Along with price movements, trading volume each session reached millions of shares, many times higher than the average for the whole year. As in the session on December 19, the total trading volume reached nearly 14 million units - the highest in the past year.
Ms. Thao said the above developments were due to the objective supply and demand of the stock market. “The stock trading price is determined by the market and is beyond the company’s control,” Ms. Thao affirmed.
According to Yeah1's leaders, the company's business activities are still taking place normally, according to the set plan and without any unusual fluctuations.
“The company commits not to have any impact affecting the trading price of YEG shares on the stock market,” Ms. Thao affirmed in a document sent to HoSE.
Closing today's session, December 24, YEG shares continued to have a session of ceiling increase (nearly 7%). Currently, YEG's price is at 21,700 VND per share, an increase of more than 100% after 1 month and nearly 140% after 1 quarter.
Going from the price range of 10,000 VND in mid-November to double after more than 1 month, YEG stock has brought "sweet fruit" to shareholders.
The fact that YEG’s stock price “flew high” coincided with the company’s successful launch of the program “Anh trai vu ngan cong gai”. Yeah1 is currently the only entity that owns the copyright to produce this program in Vietnam.
Recently, producer Yeah1 organized 2 Anh Trai concerts in Ho Chi Minh City and Hung Yen in the 4th quarter, "sold out" tickets, attracting tens of thousands of spectators.
How is the production company of "Brother Overcoming Thousands of Challenges" doing?
This year, Yeah 1 Group has built a business plan with 2 options, in which if conditions are favorable, the revenue target is 1,100 billion VND and after-tax profit is 105 billion VND; and in average conditions, the revenue target is 800 billion VND and profit is 65 billion VND.
In the first 9 months of this year, YEG brought in nearly 630 billion VND in revenue, about 2.5 times higher than the same period last year. Profit after tax reached 55.7 billion VND, 4.5 times higher than the same period last year.
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