A stock ‘quietly’ surpasses its peak 14 times since the beginning of the year, with a price nearing 170,000 VND.

TOS shares from Tan Cang Maritime Service Co. recently recorded an impressive increase, reaching 164,000 VND/share, marking the 14th peak set this year. TOS’s market capitalization surpassed 5,080 billion VND, with a 123% increase since the beginning of the year, more than 2.2 times its initial value. TOS belongs to Tan Cang Sai Gon Corporation, an experienced enterprise in port operation with a market share of over 50%. The company currently owns a modern fleet with many service ships and equipment supporting marine constructions. TOS has maintained revenues between 160-200 billion VND over the past 4 years, and it is projected that in 2024, revenues will reach 3,976 billion VND and profits will hit 489 billion, increasing several times compared to before. The 2025 plan includes revenues of 2,427 billion VND, up 12-15%. The company also aims to issue 14 million shares to increase capital to support expansion projects and enhance flexibility in operations.