Hoang Mai Cemen to Buy Back 2M Shares
Hoang Mai Cement JSC (HOM), listed on the Hanoi Stock Exchange, plans to buy back two million shares between May 30 and August 30.
As a result, the cement producer expects to raise its number of treasury shares to over 4.47 million from current over 2.47 million.
In the first quarter, HOM made a net profit of VND21.26bn (US$1.01m) on revenues VND415.58bn, up 21.82% and 31.22% on year, respectively.
Published under Cement News
