Heart hospital shares rose 15% on the day 600 stocks fell
Rare purple rally since the beginning of the month
On April 25, the whole market had 539 discount codes, of which 240 stocks fell to the floor. The number of stocks increased 178, the limit increased only 27 stocks. Standing price has 640 codes. Particularly, UPCoM floor had 217 discount codes and 16 floor reduction codes.
However, Joint Stock Company Tam Duc Heart Hospital (UPCoM: TTD) had the opposite situation with stocks listed on Vietnam stock exchange. Specifically, TTD increased by 6,500 dong, equivalent to 14.87%, to 50,200 dong. This is the highest market price of this code since the beginning of April. The market capitalization at the market price on April 25 is 780 billion dong.
Tracking historical data in the trading sessions from April 7, Tim Tam Duc has not been in a sustainable form when it is often in a state of steady price, no buying – selling transactions. The remaining session has a falling price and a floor-down session on April 7 and April 21. In which, at the end of the session on April 21, TTD lost approximately 15% of the market price; reached 43,700 VND/share.
Tim Tam Duc only increased in two sessions on April 19 (up less than 2%) and the purple session on April 25. Stocks sometimes fall into a state of white on the sell side.
Tam Duc Heart Hospital is a famous hospital specializing in high-tech cardiology in Ho Chi Minh City and the southern region, started operating on March 8, 2006. Tim Tam Duc had the first trading session on February 6, 2017.
This is a hospital with a scale of 250 beds, with the vision of “step by step developing technology and improving quality to reach “World Quality for Everyone’s Heart”. Chairman of the Board of Directors of Tam Duc Heart Hospital Joint Stock Company.
According to Management report In 2021, Doctor Nguyen Ngoc Chieu and related people hold more than 6%. In which, Ms. Phan Kim Phuong holds the title of Professional Advisor, Mr. Chieu’s wife owns 3.68% of the shares. Deputy Director of Quality Management Nguyen Ngoc An Khoi, son of Mr. Chieu and Ms. Phuong, owns 0.76%.
Member of the Board of Directors, Director of Surgery Chu Trong Hiep holds 0.23%. Non-executive member of the Board of Directors Pham Anh Dung owns 3.78%. Director of External Relations Pham Bich Xuan has 2.25%. The remaining titles own about 1%.
In the financial statements of the first quarter of 2022, TTD’s short-term assets increased from VND 95 billion on January 1 to VND 116 billion as of March 31. At these two milestones, long-term assets decreased from VND 172 billion to VND 167 billion. Total assets increased to 283 billion VND. Liabilities increased from 49 billion VND to 55 billion VND.
The profit after corporate income tax of TTD in the first quarter of this year was 11 billion dong, down about 6 billion dong compared to the same period last year.
Tam Duc Heart Hospital in District 7, Ho Chi Minh City. Photo: Alobacsi.
Revenue and profit in 2021 plummeted due to Covid-19
According to documents of the 2022 Annual General Meeting of Shareholders (scheduled to be held at the end of this month), in 16 years of operation, Tam Duc Heart Hospital has examined and treated outpatients for more than 1.1 million patients; inpatient treatment 72,409 patients; of which nearly 60% are from the Northern, Central and Mekong Delta provinces.
This hospital operated for 10,640 cases of congenital heart disease, valvular heart disease and coronary artery disease, interventional cardiac catheterization for 19,653 cases, electrophysiological survey and pacemaker placement for 3,213 cases. Foreigners working in Vietnam with heart problems have come to Tam Duc for emergency care, cardiac catheterization, arrhythmia treatment and coronary artery bypass surgery.
In 2021, hospital This hospital has had many important changes in personnel due to the attractiveness of the new private hospital, the rearrangement of the appropriate operating structure and the Covid-19 epidemic situation. The total number of employees in December 2021 of Tim Tam Duc is 496 people, a decrease of 15% compared to 2020. In which, doctors reduce 26%, nurses reduce 20%.
The hospital’s total revenue in 2021 is VND 433 billion, down 24.4% compared to 2020, reaching 78.9% of the 2021 plan. Profit before tax decreased by 79.1% compared to 2020, reaching 22.9% compared to the plan in 2021.
“Due to the impact of the Covid-19 Pandemic, the reduction in medical examination and treatment activities resulted in a sharp drop in business results in all indicators. Although the salary reduction solution was applied to reduce costs, the reduction rate did not can be compatible with the decrease in revenue because it is still required to pay staff salaries at a certain level and other fixed costs do not decrease (depreciation, allocation, insurance, electricity and water, cleaning services, etc.) )”, the report of this hospital identified the cause.
at Blogtuan.info – Source: Soha.vn – Read the original article here
