The Ho Chi Minh City Stock Exchange (HoSE) has received the listing application from Nam Tan Uyen Industrial Park Corporation (NTC), planning to list nearly 24 million shares with a charter capital of approximately 240 billion VND. NTC has been trading on UPCoM since 2016 at a price of 153,900 VND/share (as of June 17). As of Q1 2025, major shareholders include Phuoc Hoa Rubber Joint Stock Company (32.85%), Vietnam Rubber Group (20.42%), and Saigon VRG Investment Corporation (19.95%). The company is currently the investor of three industrial parks in Binh Duong and involved in several others. In Q1 2025, NTC reported revenue of 134 billion VND (up 2.4 times), gross profit of 73 billion VND (up 74%), but net profit only increased by 6% to 69 billion VND due to rising financial and operational costs. The total asset size reached 7,353 billion VND, with total debts of 6,173 billion VND. Executives reported significant income increases in this quarter.
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