Cement News tagged under: Ha Tien 1 Cement JSC

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Ha Tien 1 Cement sees revenue down 14%

25 August 2020, Published under Cement News

Vietnam’s Ha Tien 1 Cement JSC has seen its net revenue decline 14.1 per cent YoY to VND2035bn (US$87.1m) in the second quarter of 2020. Gross profit posted a minor decline of 2.6 per cent YoY to VND419.8bn. The company recorded a pretax profit of VND257.5bn, falling nearly VND3bn compared to the 2Q19. In the first half of the year, net revenue was down 13.7 per cent YoY to VND3767bn while pretax profit edged upwards to VND397bn. As a result, the first half has met 44 per cent of the r...

Ho Chi Minh City rejects Ha Tien grinding plans

15 October 2015, Published under Cement News

The Ho Chi Minh City government has rejected Ha Tien 1 Cement JS's  plans to relocate its Thu Duc cement grinding plant to District 9 and scale up the capacity of its Phu Huu grinding unit. A document sent to Ho Chi Minh City Department of Natural Resources and Environment and related agencies last week, Ho Chi Minh City Vice Chairman Tat Thanh Cang confirmed the decision. The Thu Duc cement grinding plant is located by Ha Noi Highway in Truong Tho Commune in Thu Duc District. The faciliti...

Ha Tien 1 Cement targets US$17.07m pretax profit

16 April 2015, Published under Cement News

Ha Tien 1 Cement JSC (HT1), the largest cement maker in Vietnam by market capitalisation, targets a pretax profit of VND367bn (US$17.07m) this year, down 7.32 per cent YoY. Its revenue is expected to rise 5.9 per cent YoY to VND7.16trn in 2015, HT1 said on its website.

Ha Tien 1 lists 120m new shares on HOSE

07 January 2014, Published under Cement News

Ha Tien 1 Cement JSC has received approval from the Ho Chi Minh City Stock Exchange (HOSE) to float 120m new shares on the bourse. The shares, earlier sold to Vietnam Cement Industry Corporation (Vicem) to reduce debt, will be listed on 8 January and tradable starting 22 December 2014. The additional share listing will help the company raise its total listed volume to 318m shares. (Source: Vietnam News Brief Service).

Ha Tien 1 Cement issues new shares to reduce debt, Vietnam

02 January 2014, Published under Cement News

Ha Tien 1 Cement JSC (HT1) has completed the issuance of 120m new shares in a private placement to Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer. HT1, listed on the Ho Chi Minh stock exchange, sold the shares at VND10,000 each, according to a statement sent to the bourse. The company added that the sale is aimed to reduce its debt incurred with Vicem. After the issuance, Vicem raised its holding in HT1 to 79.69 per cent, equal to 253.42 million shares, ...

Ha Tien 1 issues new shares for debt reduction, Vietnam

27 August 2013, Published under Cement News

Ha Tien 1 Cement JSC (HT1) has approved a plan to issue 120 million new shares in a private placement to Vietnam Cement Industry Corporation (Vicem), the country’s leading cement producer. The issuance is aimed to reduce its loans contracted with Vicem, HT1 said in a statement sent to the bourse. After the issuance, Vicem’s holding in HT1 will increase to 79.69 per cent, equal to 253.42 million shares, from the current 67.38 per cent, Vietnam News Brief reported. At end-June, HT1 had VND4....