“The ESOP program was approved at 2019 General Meeting of Shareholders, but after considering the actual situation, taking into account the long-standing benefits of shareholders, AAA Board of Directors decided to stop the 2019 ESOP program and cancel this at the General Meeting of Shareholders in 2020”– added AAA representative
In addition, Ho Chi Minh City Stock Exchange also forecast that AAA’s net revenue and profit after tax in 2019 will be VND 9,884 billion and VND 501 billion, increasing by 12% and 25% respectively compared to 2018. Based on these profit estimates and the current number of shares (due to no increase in ESOP stocks), AAA’s EPS can be reached at VND2,930 / share. According to the report of Ho Chi Minh City Stock Exchange (HOSE: HCM), on July 7, estimating that AAA’s after-tax profit in the 2019 third quarter will reach around VND 55-65 billion, correspondingly increasing by from14.5% to 35.4% compared to the same period last year.
In early October, An Phat Holdings (APH) registered to buy all 4,000 AAA warrants issued in 2018 to increase its ownership in AAA from 46.62% to 54.54% from October 17 to November 15.

Taking the delegation to visit the production line, Mr. Pham Anh Duong introduced the outstanding products such as AnEco compostable and eco-friendly bags, high-quality thin-film packaging of An Phat Bioplastics to the Governor The Hon. Pete Ricketts and all diplomatic officials from Nebraska.

Visiting the modern packaging lines of An Phat Bioplastics, Nebraska leaders appreciated the development model of the Company in particular and An Phat Holdings in general in developing the supporting industry as well as the ability to produce compostable products.

AAA is an enterprise which not only meets the information disclosure standards, but also satisfy other requirements such as good liquidity, compliance with treasury stock transactions, attracting foreign investors, good dividend policy, etc. Therefore, for many consecutive years, AAA has always been a familiar name in the voting list and won awards selected by investors and financial institutions every year.

This year, at the Ceremony of honoring and awarding the Top 3 IR Awards 2019 of Mid Cap group voted by Financial Institution – top 19 Vietnam leading stock companies, with the highest recognized level, An Phat Bioplastics Joint Stock Company (AAA) was notably cared among 259 enterprises meeting information disclosure standards. These achievements show that AAA is always an enterprise with strong IR activities, with high interaction with investor community, good quality assurance, transparency, accuracy, speed and timely published information.

With remarkable achievements in IR activities, AAA also got investors’ attention recently, the 6-month profit of AAA reached over VND 364 billion, increased by 3.3 times the same period in 2018. In the first six month accumulation, AAA achieved a net revenue of VND 5,042 billion, up 39%. Gross profit margin in the first half of the year reached 13.2%, a sharp improvement compared to 8.1% in the first half of 2018. AAA’s positive business results were attributed to its industrial real estate segment beside the production of traditional thin-film packaging with optimal capacity, as well as a dramatic increase in exporting products to Japan and the US markets, with growth rates of 40% and 80% respectively in the first half of 2019, and an increased proportion of bio compostable products.

IR Awards is an annual event to raise enterprises’ awareness about information disclosure, shareholder relations in particular or investor relations in general; for an open, transparent and efficient stock market. In this 9th year, in addition to the public online voting participated by a large number of investors, the IR Awards 2019 recognizes 19 financial institutions that accompany and perform quality assessments on IR activities of the Listed Enterprises.

Reviewing the business performance results in the first half of 2019, An Phat Holdings pointed out achievements and remaining things in the operation and implementation of plans to become a Southeast Asia’s leading high-tech and eco-friendly plastic corporation. An Phat Holdings’ profit in the first 6 months is 474 billion dong, which is an excellent achievement of more than 4,500 employees. At the preliminary meeting, Board of Directors awarded three companies with good achievements in production and business, successfully completed the assigned tasks: An Phat Bioplastics, An Phat Complex and Hanoi Plastics Joint Stock Company. In addition, Board of Directors has expressed their belief in the leadership team and employees, encouraging them to continuously try and make more efforts for the development of the whole corporation.

With the fast and sustainable growth, Board of Directors of An Phat Holdings has decided to increase the revenue plan of the whole year to 12,000 billion VND, an increase of 20% compared to the original target. This is a great determination to make the remaining period of 2019 more challenging but also extremely “attractive” which An Phat Holdings wants to conquer.