Vietnam Stock Market News Shares of Ho Tay Water Park doubled in a week

Vietnam Stock Market News Shares of Ho Tay Water Park doubled in a week

Compared to Dam Sen Water Park, the business results of Ho Tay Water Park are much inferior.

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In 6 sessions from August 22-29, HES shares of Hanoi Entertainment Service JSC (Haseco) - the managing unit of Ho Tay Water Park - had 6 consecutive sessions increasing by over 14% / session. The stock price doubled from VND 6,100 to VND 13,700.

In the recent increase chain, HES's liquidity is also very low with only a few hundred shares traded per session. As of August 30, this stock has no trading. The absence of transactions is quite common situation of HES since being listed.

Haseco has a chartered capital of approximately VND 93 billion, with 5 major shareholders including: Hanoitourist (45.9%), Bao Viet Group (19.4%), Sen Trading and Services Company Limited (10%) ; Tri Thanh Company Limited (5.7%) and Chengdu Investment Development and Construction JSC (5%).

According to the 2018 financial report, Haseco reached VND 150 billion in revenue and VND 6.1 billion in after-tax.

Compared to Dam Sen Water Park, Haseco's business results are much inferior. In 2018, Dam Sen Water Park achieved VND 216 billion in revenue and VND 96 billion in after-tax profit.