It expects to produce 2.42Mt of clinker and sell 6.05Mt of cement, including 100,000t to Cambodian market this year.
Previously, it issued 88 million new shares to merge Ha Tien 2 Cement JSC (HT2), which will help the firm increase its cement production and raise competition in the local market. After the merger, the new firm has a registered capital of VND1.98 trillion.
HT1 is traded on the Hochiminh Stock Exchange, with a combined 5.65% stake held by foreigners and 65% by the state as of June 15.
