Transport construction firm lists with 19 million USD
The HCM Stock Exchange received on May
17 the Transport Engineering and Business Investment 584 Company (NTB)
as the 255th company on the board.
The HCM Stock Exchange received on May
17 the Transport Engineering and Business Investment 584 Company (NTB)
as the 255 th company on the board.
The newly listed firm has a charter capital of 360 billion VND (19 million USD) equal to 36 million shares.
Company activities include construction of transport and other civil projects, investment in health care and education projects and developing residential areas.
NTB has been involving in major transport projects such as the Trung Luong-My Thuan and HCM City-Long Thanh-Dau Giay express ways.
The HCM City-based company is developing several apartment buildings in districts of Binh Chanh and Binh Thanh, Go Vap and residential projects (comprising apartments and houses) in Tan Phu and Go Vap, and a hotel, office and commercial complex on the corner of Chu Manh Trinh and Nguyen Du streets, district 1.
Last year, NTB earned a net profit of 76 billion VND (4 million USD) and paid a 20 percent dividends.
It targets this year a net profit of 154 billion VND (8.1 million USD) and dividends of 25 percent. In the first quarter, the company already netted 50 billion VND profits.
NTB closed its first trading day at 37,000 VND over the reference price of 42,000 VND./.
The newly listed firm has a charter capital of 360 billion VND (19 million USD) equal to 36 million shares.
Company activities include construction of transport and other civil projects, investment in health care and education projects and developing residential areas.
NTB has been involving in major transport projects such as the Trung Luong-My Thuan and HCM City-Long Thanh-Dau Giay express ways.
The HCM City-based company is developing several apartment buildings in districts of Binh Chanh and Binh Thanh, Go Vap and residential projects (comprising apartments and houses) in Tan Phu and Go Vap, and a hotel, office and commercial complex on the corner of Chu Manh Trinh and Nguyen Du streets, district 1.
Last year, NTB earned a net profit of 76 billion VND (4 million USD) and paid a 20 percent dividends.
It targets this year a net profit of 154 billion VND (8.1 million USD) and dividends of 25 percent. In the first quarter, the company already netted 50 billion VND profits.
NTB closed its first trading day at 37,000 VND over the reference price of 42,000 VND./.
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