Thai Hoa Group officially lists shares on northern floor

On December 3, Thai Hoa Group Joint Stock Co officially listed its 55 million shares on Hanoi Stock Exchange (HNX) under the share code of TVH. After the first trading session, the company posted average share price of 15,700 dong per share, with 302,100 units being traded.

In 2010, Thai Hoa Group targeted to obtain over 4.1 trillion dong of revenue, 90.2 billion dong of after tax profit and dividend rates of 12 percent.

At present, the company has been carrying out key projects such as Lam Dong instant coffee processing plant with investment capital of 550 billion dong, expanding Buon Ma Thuot coffee processing plant of $10 million and rubber tree plantation project in Laos of over $55.8 million.

 

Category: Stocks