But Son Cement Goes on Hanoi Bourse

But Son Cement Joint Stock Company officially listed its 90 million shares, coded BTS, with an face value of VND10,000, or VND900 billion in total value, on the Hanoi Securities Trading Centre on December 5, 2006.

 

But Son specialises in manufacturing, importing and exporting cement, clinker and other construction materials. This is the third company under the Vietnam Cement Corporation (VNCC) to list the shares on the Hanoi bourse. Since 2002, the company’s facilities have always operated at its full designed capacity. But Son expects its total revenues of VND663 billion (US$41.44 million) and an after-tax profit of VND63.1 billion (US$3.94 million) in 2006 and a turnover of VND1,000 billion (US$62.5 million) in 2007.

 

Previously, Hai Phong Petrolimex Transportation and Service Joint Stock Company (PTS Haiphong) listed its 1.74 million shares, coded PTS, with a face value of VND10,000 each on the Hanoi Securities Trade Centre on December 1.