Can Tho JSC to build US$11m Cement Plant in South Vietnam
The People’s Committee of the southern province of Hau Giang has given the green light to Can Tho Cement Joint Stock Company (CCM) to build a VND200-billion (US$11.21m) cement plant in the province, the Vietnam News Agency reported Monday.
The 10-ha plant to be located in the Phu Huu A Industrial Complex will be capable of producing 500,000 tons of cement per year.
The Hanoi Stock Exchange-listed company expects pretax profit of VND13 billion on revenue of VND230 billion and cash dividend payouts of VND1,800 per share this year.
Published under Cement News
