{
  "id": 3923118,
  "title": "NutiFood Group plan to buy additional million shares in Quang Ngai Sugar",
  "url": "https://urgent.news/2026/08/28/nutifood-group-plan-to-buy-additional-million-shares-in-quang-ngai",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-28T07:58:27.000Z",
  "source": {
    "name": "Vietnam Investment Review",
    "slug": "vietnam-investment-review",
    "url": "https://vir.com.vn/nutifood-group-plan-to-buy-additional-million-shares-in-quang-ngai-sugar-159600.html"
  },
  "original_language": "en",
  "account": "NutiFood Group has announced plans to buy an additional one million shares of Quang Ngai Sugar JSC, according to reports from the Hanoi Stock Exchange. The transaction is expected to occur between September 3 and October 1, through matching orders and/or negotiated transactions, as NutiFood aims to restructure its investment portfolio. Prior to this purchase, NutiFood already held over 13.38 million QNS shares, representing 3.64 per cent of the company's capital. Should the new shares be acquired, NutiFood's ownership will rise to around 14.03 million shares, or approximately 3.82 per cent of the capital. Meanwhile, NutiFood Binh Duong Nutrition Food JSC plans to purchase an extra 350,000 QNS shares, currently owning over 16.5 million shares, or 4.49 per cent of Quang Ngai Sugar JSC's capital. Consequently, two NutiFood entities are set to acquire a combined total of one million QNS shares. At an estimated price of VND46,800 ($1.87) per share, the acquired shares are valued at nearly VND47 billion ($1.88 million). Upon completion of the transactions, the two NutiFood companies will collectively hold nearly 30.9 million QNS shares, comprising about 8.4 per cent of Quang Ngai Sugar JSC, the owner of the Vinasoy soy milk brand. This strategic move indicates NutiFood's intent to bolster its stake in QNS further. In May, NutiFood had purchased 540,000 QNS shares, while NutiFood Binh Duong had bought 660,000 shares. In the second quarter of 2026, Quang Ngai Sugar generated net revenue of approximately $131.2 million, an increase of nearly 13 per cent compared to the previous quarter. During the same period, after-tax profit reached nearly $22.6 million, up about 4 per cent. In the first half of 2026, the company's revenue amounted to over $242.4 million, representing a nearly 17 per cent increase, while after-tax profit reached over $38.3 million, exceeding 2 per cent on-year. The soy milk segment alone contributed approximately $109.6 million in revenue during the first six months of 2026, marking a more than 20 per cent surge compared to the same period. Net profit for this segment was about $52.4 million, an increase of over 34 per cent, and the gross profit margin for the soy milk segment improved from around 43 per cent to 48 per cent, continuing its significant role in the company's profit structure. NutiFood is also expanding its presence in the education sector, having signed an investment cooperation agreement with Anne Hill International School, one of the leading international school systems in Ho Chi Minh City.",
  "summary": "Two subsidiaries of NutiFood Group have registered to purchase a total of one million additional shares at Quang Ngai Sugar JSC which owns the soy milk brand Vinasoy",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}