Cement News tagged under: Hai Van Cement

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Hai Van Cement to issue shares to finance acquisition, Vietnam

26 July 2013, Published under Cement News

Hai Van Cement JSC is to issue 21.46m shares in a move acquire Ang Son II Co the from Thang Loi Group Co. The volume will be sold to existing shareholders at VND10,000/shares at a 116-at-100 ratio, company said in a statement sent to the bourse. The proceeds, estimated at VND214.6bn (US$10.12m). Net profit jumps Hai Van Cement recently reported that it posted a net profit of VND10bn in the second quarter of 2013, up 279 per cent from a year ago. Revenues reached VND223.5bn in the th...

Hai Van Cement net profit rises 74%

27 July 2012, Published under Cement News

Hai Van Cement JSC reported a net profit of VND3.6bn in the second quarter of 2012, up 74 per cent YoY, the firm said in its financial statements posted on the Hochiminh Stock Exchange (STC)’s website. Its total revenue reached VND195.28bn in the period, up four per cent from VND187.02bn a year earlier, the firm reported. Meanwhile, its total costs only rose three pe rcent on year to VND188.9bn, leading to an on year rise of 74 per cent in net profit of the firm. In 1H12, the company earne...