Stock market

SMB moves to list on HOSE

Saigon Mien Trung Beer (SMB) has just announced its shareholders have approved to move 29.846 million shares to the HCM City Stock Exchange (HOSE) from the Unlisted Public Company Market (UPCoM).

SMB moves to list on HOSE

SMB has set target for the 2018 revenue with an increase of 2.48 percent to reach totally VND 1,2trillion. After tax profit will be VND 130billion, increasing 2.15 percent compared to last year. It also targets for the 2019 plan; as if, its revenue and profit will be VND 1,2trillion and VND 140billion respectively.

SMB was merged from three companies and received certificate from Vietnam Securities Depository (VSD) on July 9, 2010. It traded for the first time on UPCoM on September 8, 2010.

DO DOAN-Translated by T.Tran

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