Power company Truong Thanh (TTA) list more 10.8 million shares on HoSE
Power company Truong Thanh (TTA) list more 10.8 million shares on HoSE
Truong Thanh Development and Construction Investment Joint Stock Company (TTA) has just approved a plan to list additional shares on the Ho Chi Minh Stock Exchange (HoSE).
The company will list an additionally 10,799,904 dividend-paying shares, bringing the total number of listed shares on the exchange to nearly 145.8 million shares.
In the first 6 months of 2021, TTA achieved revenue of VND331.1 billion (US$14.5 million), profit after tax of VND76.7 billion, up 88.6 per cent and 95.7 per cent respectively compared to the first 6 months of 2020.
In 2021, Truong Thanh sets a revenue target of VND680 billion, profit after tax of VND150 billion, up 37 per cent and 16.2 per cent, respectively compared to 2020. After the first half of 2021, the business completed 51.1 per cent of the annual profit plan.
Closing the session on Thursday, TTA stock was priced at VND14,850 per share, down 30 per cent compared to the closing session of January 4.
In recent years, in parallel with the efficient operation of hydropower plants, Truong Thanh has expanded to develop clean energy projects such as solar power and wind power.
