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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Nam Kim Steel Joint Stock Company (NKG) will hold its 2026 annual general meeting on April 24, with the meeting documents published. Looking into 2026, the board expects the steel industry to enter a clearer recovery phase as domestic demand continues to grow, while exports face protectionist pressures amid ongoing global trade risks. Despite this, Nam Kim Steel maintains targets of over VND 22,000 billion in consolidated revenue for 2026, up 48% from 2025 results. Pretax profit is expected to reach VND 400 billion, about 67% higher than the previous year. Total steel production is projected at 1.1 million tons, up 41% year-on-year. In 2025, Nam Kim Steel recorded revenue of VND 14,899 billion and pretax profit of VND 240 billion, achieving 65% and 55% of the planned targets. Read more about capital plans: the company will propose a 2025 profit distribution via stock dividend at 10%. At the meeting, NKG is also expected to present plans to issue nearly 44.7 million shares to current shareholders at VND 12,000 per share, at a ratio of 4:1, corresponding to 25% of issued capital. The offering is expected to take place in 2026 or early 2027 after approval by the State Securities Commission (SSC). The total funds raised, about VND 1,500 billion, will be invested in the Nam Kim Phu My Roofing Steel Plant project, with a total investment of VND 4,500 billion. Post-issue charter capital is projected to exceed VND 6,229 billion. The Nam Kim Phu My Roofing Plant project includes a galvanizing line with a capacity of 350,000 tons/year, and two lines producing aluminum-zinc alloy at 300,000 tons/year and 150,000 tons/year. Additionally, the board will propose issuing stock for an employee stock option plan (ESOP) of 6 million shares at VND 10,000 per share, expected to raise about VND 60 billion. Compared with the closing price on April 6, the issue price is about 26% lower. ESOP shares will be subject to transfer restrictions: 50% locked for 1 year and the remainder restricted for 2 years from the end of the issuance. The plan is expected to occur in 2026 and/or 2027 after regulatory completion with the SSC.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…