TIG shares fall 43.75% in six sessions; nearly 18% of outstanding shares trade in one day
By November 13, 2026, TIG shares had hit the daily price floor for six consecutive sessions, falling 43.75% in total. Trading that day amounted to nearly 18% of shares outstanding. The company attributed the decline to market supply and demand and selling pressure, and said its core projects remained on schedule.
On November 13, shares of CTCP Tập đoàn Đầu tư Thăng Long fell 10% to VND 2,700 per share, hitting the daily price floor for a sixth consecutive trading session. More than 34.36 million shares changed hands that day, with a trading value exceeding VND 94 billion. Based on the company's 193.6 million shares outstanding, the day's volume represented nearly 18% of its shares outstanding.
TIG shares hit the daily price floor for six consecutive trading sessions. On November 13, trading volume amounted to nearly 18% of the company's shares outstanding.（VietVance）
The decline began on November 6. After falling a total of 43.75% over six trading sessions, TIG shares were 68% below their level of about VND 8,500 per share at the start of the year. Explaining the consecutive limit-down sessions, the company said the market's continued decline and shareholders' inclination to sell had affected supply and demand. It said its core projects in real estate, renewable energy and other areas remained on schedule, and that there had been no unusual internal developments affecting its share price.
In the third quarter of 2026, the company recorded consolidated net revenue of VND 106 billion and after-tax profit of more than VND 2 billion, down about 72% from more than VND 7 billion a year earlier. For the first three quarters, net revenue was about VND 404 billion, down 50% year on year, while after-tax profit was nearly VND 6 billion, down 87%. As of September 30, total assets were about VND 3.96 trillion, down 2.9% from the start of the year.
The company's 2026 targets are VND 1.2 trillion in consolidated revenue and VND 250 billion in pre-tax profit. Revenue in the first three quarters reached about 34% of the full-year target. Since late 2024, the company has adjusted its investment portfolio and shifted capital toward real estate. Key projects include the Vườn Vua resort in Phú Thọ and the TIG Infinity project in Hanoi.
In April 2026, the company formed a general contracting consortium with CSCEC2, part of a Chinese construction company, to pursue infrastructure, transport, industrial and energy projects. The board also approved the transfer of the company's entire 51% stake in CTCP Công nghệ và Thương mại Hàng Hiệu Việt to Nguyễn Thúy Hằng, with the transaction expected to take place in the fourth quarter of 2026.
Source: VietVance
