Stock market

SAS profits VND 118bln

The Southern Airports Service Joint Stock Company (Sasco) which is listed under code SAS on the Unlisted Public Company Market (UPCoM), announced its second quarter’s financial report with net revenue at VND 634.5billion, an increase of 14 percent compared to last year.

SAS profits VND 118bln

Net profit was up 81 percent to reach VND 118.8billion. Total first six months’ revenue gained VND 1,3trillion, up 16 percent compared to last year and completed 53 percent of its 2018 plan.

While Sai Gon Song Tien Beer, Alcohol & Beverage-Trading Corp (SST) announced to pay off dividends to investors at a payout ratio of 139 percent in cash on August 3.

Earlier, SST paid the 1st phase’s dividend at ratio of 100 percent in cash. Total dividend payout ratio in 2017 was 239 percent. SST is one of 28 members of Sabeco and established in 2006. SST’s current chartered capital is VND 40billion  

DO DOAN -Translated by T.Tran

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