Stock market

PME to list shares on HOSE

The Pymepharco Corp (PME) will list over 65.23million shares for its first time on Ho Chi Minh City of Stock Exchange (HOSE) on November 8 at a reference price of VND 68,000 per share.

With a result, MPE will earn VND 4,4trillion at the first trading day.

MPE targets to reach its net revenue of up to VMD 1,6trillion and pre-tax profit will be VND 300 billion, paying dividend at 20 percent.

For the first nine months of this year, its revenue reached VND 1,2trillion, afte-tax profit of VND 215 billion, an increase of 9 percent and 24 percent respectively compared over the same period last year.

D.DOAN-Translated by K.Lien

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