Ms. Tran Phuong Ngoc Thao - daughter of PNJ's chairman - has just completed the purchase of 4 million PNJ shares. The estimated amount of money spent to increase Ms. Thao's ownership ratio is about 380 billion VND.
PNJ is a large gold and silver trading company in the market - Photo: PNJ
Ms. Tran Phuong Ngoc Thao - Vice Chairwoman of PNJ's Board of Directors, and daughter of Ms. Cao Thi Ngoc Dung, Chairwoman of the Board of Directors of this company - has just sent a report to the Securities Commission on the results of stock transactions. Accordingly, Ms. Thao said that she had completed the purchase of 4 million PNJ shares from December 19, 2024 to January 14, 2025. With the value around this time, it is estimated that Ms. Thao spent about 380 billion VND to increase the ownership ratio from 2.33% to 3.51% of charter capital. On the stock market, PNJ is traded at 95,100 VND per share, an increase of more than 12% after one year. According to information from the annual report, Ms. Tran Phuong Ngoc Thao was born in 1984, has a bachelor's degree in economics and business administration from Oxford University (UK) and a doctorate in economics from Harvard University (USA). Since 2019, Ms. Thao joined PNJ as senior director of digital transformation.
From June 2020 to April 2023, Ms. Thao assumed the role of a member of the Board of Directors of PNJ. At the same time, from 2022, she also held the role of Chairman of PNJ Valuation Company Limited (PNJL). In April 2023, Ms. Thao officially assumed the position of Vice Chairman of the Board of Directors of PNJ . PNJ's management report shows that in addition to Ms. Thao, Ms. Cao Thi Ngoc Dung has two other daughters, Tran Phuong Ngoc Giao and Tran Phuong Ngoc Ha, and a son-in-law, Nguyen Minh Luan. Regarding business results, PNJ said that in the 10 months of 2024, net revenue reached VND 32,371 billion and profit after tax reached VND 1,600 billion, up 22.7% and 4.4% respectively over the same period. However, in the first 10 months of 2024, PNJ's average gross profit margin reached 16.9%, down from 18.5% in the same period in 2023.
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