Home Companies

SASCO profits up 44%

Nov 11th at 10:12
11-11-2015 10:12:26+07:00

SASCO profits up 44%

Southern Airport Services Company (SASCO), reached a net revenue of VND1.479 trillion (US$66 million) and a profit after tax of VND126.3 billion ($5.5 million) in the first three quarters.

 

Listed in HCM City Stock Exchange with the code of SAS, the company said compared to the same term last year, the revenue was 2 per cent lower while the profit after tax was 44 per cent higher.

SASCO is now operating 20 duty free stores at Tan Son Nhat International Airport together with other airport service businesses.

Currently, the Airport Corporation of Viet Nam, representing State investment, owns a 51 per cent stake in SASCO. A group of enterprises relating to Johnathan Hanh Nguyen Imex Pan Pacific Group - Union Pacific Import and Export, Duy Anh Fashion and Cosmetics and Fashion and Cosmetics Europe own a 23.6 per cent stake.

On November 10, SAS shares closed at VND34,500 ($1.5) in the HCM City Stock Exchange.

bizhub

MOST READ

NEWS SAME CATEGORY

Sai Gon Tourist to divest from SGB
COMPANIES Nov 10th at 13:34

Sai Gon Tourist to divest from SGB

Tour developer Sai Gon Tourist announced the sale of its entire stake in Sai Gon Bank for Industry and Trade (SGB) in HCM City on Sunday.

Saigon Tourist to divest from Saigon Bank
COMPANIES Nov 10th at 13:31

Saigon Tourist to divest from Saigon Bank

Tour developer Saigon Tourist announced the sale of its entire stake in Saigon Bank for Industry and Trade (SGB) in HCM City yesterday.

SCIC to sell stakes at Kim Lien Tourism
COMPANIES Nov 7th at 11:13

SCIC to sell stakes at Kim Lien Tourism

The State Capital Investment Corporation, also known as SCIC, will sell its entire stake in Kim Lien Tourism Joint Stock Company (KLC) according to the Ha Noi Stock...

MOIT to unload stake in GELEX
COMPANIES Nov 5th at 15:30

MOIT to unload stake in GELEX

The industry and trade ministry will represent the government in unloading state capital in the Vietnam Electrical Equipment Joint Stock Corporation, or GELEX, the...

Masan Beverage to buy into water firm
COMPANIES Nov 5th at 09:42

Masan Beverage to buy into water firm

Masan Beverage has signed an agreement to become the strategic partner of Quang Ninh Natural Mineral Water Limited Company, according to a press release from Masan...

Sabeco to divest from Eximbank
COMPANIES Nov 4th at 14:17

Sabeco to divest from Eximbank

The Saigon Beer Alcohol Beverage JSC will unload all its 5.73 million shares in the Viet Nam Export-Import Commercial Joint Stock Bank, or Eximbank.

Vietnam's Vinamilk shares jump on $4 bln stake offer report, F&N says no formal approach
COMPANIES Nov 3rd at 14:42

Vietnam's Vinamilk shares jump on $4 bln stake offer report, F&N says no formal approach

Shares in Vinamilk , the country's biggest listed firm, hit a lifetime high on Tuesday after local media said drinks maker Fraser and Neave Ltd plans to buy the...

HAGL Agrico to sell 59 million shares
COMPANIES Nov 2nd at 13:45

HAGL Agrico to sell 59 million shares

Hoang Anh Gia Lai Agricultural Joint Stock Company (HAGL Agrico) will sell 59 million shares to strategic investors at the price of VND28,000 per share to gain...

Eximbank to sell Sacombank shares
COMPANIES Oct 26th at 19:13

Eximbank to sell Sacombank shares

The Viet Nam Export Import Commercial Joint-Stock Bank (Eximbank) withdrew its capital representatives at Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank)...

Vingroup to buy supermarket chain Maximark
COMPANIES Oct 26th at 18:56

Vingroup to buy supermarket chain Maximark

Vingroup has announced it will buy a 100 per cent stake in supermarket chain Maximark of HCM City-based An Phong Joint Investment Joint Stock Company.

Read More

MOST READ

Back To Top