The company issued 10,000 bonds under the code HTL12501, each with a face value of VND 100 million. The bonds, which carry a fixed annual interest rate of 10.5%, will mature on August 8, 2028.
According to the issuance terms, the bonds are payment-guaranteed and may be repurchased before maturity. OCBS Securities JSC serves as the registration and depository organization.
Hung Thang Loi Gia Lai operates in the crop cultivation and livestock sector. Hoang Anh Gia Lai JSC, listed on the stock exchange under ticker HAG, holds 98.77% of the company’s charter capital of VND 1,285 billion.
The remaining shares are owned by individual shareholders Mr. Thuy Ngoc Dung (0.61%) and Ms. Le Thi Lieu (0.61%).
As of July 31, the company employed 50 people. It is led by Director and legal representative Vo Thi My Hanh, who also serves as Deputy General Director and a member of the Board of Directors of Hoang Anh Gia Lai JSC.
This is not the company’s first foray into the bond market. In October 2024, Hung Thang Loi Gia Lai matured a VND 350 billion bond lot with a four-year term and an annual interest rate of 10%, with TPBank acting as the depository.
Hoang Anh Gia Lai JSC, the parent company, has reported strong financial performance in 2025.
In the second quarter, the group recorded more than VND 2.3 trillion in net revenue, up 53% year-on-year, largely driven by its banana business. Net profit rose 86% to VND 483 billion, despite higher financial expenses and other costs.
For the first six months of 2025, HAG posted net revenue of over VND 3.7 trillion, a 34% increase compared to the same period last year, and net profit of VND 824 billion, up 72%. These results represent 67% of the company’s annual revenue target and 78% of its annual profit target.
Notably, HAG has eliminated its accumulated losses, which peaked at more than VND 7.5 trillion in mid-2021. By the end of the second quarter of 2025, its undistributed post-tax profit reached nearly VND 400 billion.
At the same time, the group’s total assets climbed to over VND 26 trillion, a 17% increase since the beginning of the year. Current assets rose 29% to nearly VND 11 trillion, while cash holdings reached VND 194 billion.
Inventory amounted to VND 738 billion, up 6%. Short-term liabilities stood at VND 13.7 trillion, rising 23% and accounting for the majority of total obligations.
According to Duy Quang (TPO)
