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Trading session on April 29, from the open, KDC stock of Kido Group fell to the floor price of VND 38,700 per share, with about 1.5 million shares on the floor selling at the time. This was KDC's second consecutive floor-day; after two trading days, KDC stock had fallen more than 13%. However, near 11:00, KDC's price recovered and ended the morning session at VND 42,650 per share, up 2.5%. Kido's market capitalization was VND 12,360 billion. Kido Group's predecessor was Kinh Do Food Construction and Processing Co., Ltd., founded in 1993. In September 2002, the company transitioned to a joint-stock model under the name Kinh Do. In 2010, Kinh Do merged with Kinh Do Northern Food Processing Co., Ltd. (NKD) and Ki Do into Kinh Do Corporation (KDC). In October 2015, the company changed its name to Tập đoàn Kido Joint Stock Company (Kido Group). The Kinh Do brand was founded by two brothers Trần Kim Thành and Trần Lệ Nguyên. Currently, Mr. Trần Kim Thành is Chairman of the Board at Kido Group, Mr. Trần Lệ Nguyên is Vice Chairman of the Board and CEO. His wife, Mrs. Vương Bửu Linh, and Mr. Nguyên's wife, Mrs. Vương Ngọc Xiềm, also serve as Directors and Deputy CEO. Regarding business results, net revenue in 2025 for KDC reached 9,055 billion VND, up 8.8%; pre-tax profit reached 727 billion VND and net profit reached 587 billion VND, corresponding to increases of 593.4% and 778.5% versus 2024. During the year, the Group undertook investment restructurings, recovered part of capital in associate companies, leading to higher revenue and financial income, while profits from associates and joint ventures were higher than the previous year. These factors, along with improved gross margin, positively impacted the company's operating results.
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…
