Searefico: Management increase holdings, signal growth confidence

Searefico: Management increase holdings, signal growth confidence

In the first weeks of 2026 following the Lunar New Year, Searefico Corporation (HOSE: SRF) has reported notable changes in its ownership structure, driven by share purchase registrations from members of the Executive Management team.

These developments come as the Company advances a strategic restructuring initiative designed to enhance profit margins, strengthen its balance sheet, and position the business for a new phase of sustainable growth.

According to recently disclosed transactions, Chairman Le Tan Phuoc and Chief Executive Officer Nguyen Khoa Dang have each registered to purchase 802,000 SRF shares. The combined acquisition of more than 1.6 million shares represents an estimated investment of approximately VND 12.8 billion, based on a market price of around VND 8,000 per share.

Commenting on the transactions, CEO Nguyen Khoa Dang stated: “Management’s proactive increase in share ownership reflects our long-term commitment to the Company and reinforces alignment between leadership and shareholders. This is a deliberate step to strengthen our ownership structure and signal our strong conviction in Searefico’s prospects as we complete a pivotal restructuring phase.”

Upon completion of the purchases, Chairman Le Tan Phuoc is expected to increase his ownership from 3.27% (1.16 million shares) to 5.53% (1.97 million shares), formally becoming a major shareholder. Concurrently, CEO Nguyen Khoa Dang will raise his holdings to more than 1 million shares, representing approximately 2.82% of total charter capital.

In parallel with these ownership changes, Searefico is restructuring its assets. The Company's 2025 financial statements show efforts to divest non-performing assets and refocus capital on more profitable areas. Management aims to improve cash flow from these changes and shift toward projects with better margins.

From an operational standpoint, while the broader construction sector continues to face headwinds, Searefico delivered a meaningful recovery in the fourth quarter of 2025. Gross profit margins improved significantly, rising from 3% to 9.2% during the quarter.

These results contributed to full-year net profit after tax of VND 17.6 billion, representing a tenfold increase compared to the prior year. This marked improvement suggests that the Company’s operating momentum is beginning to stabilize following an intensive period focused on the completion, handover, and final acceptance of key projects.

FiLi