Another Industrial Park Giant Set to List on HoSE

Revised Introduction: A total of 24 million NTC shares, issued by Nam Tan Uyen Industrial Joint Stock Company (NTC), have been officially approved for listing on the Ho Chi Minh City Stock Exchange (HoSE).

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The Ho Chi Minh City Stock Exchange (HoSE) has recently approved the listing of NTC shares, issued by Nam Tan Uyen Industrial Park Joint Stock Company (NTC).

The approved listing includes nearly 24 million NTC shares, corresponding to a charter capital of approximately 240 billion VND.

Prior to its HoSE debut, NTC shares were traded on the UPCoM system. As of the morning of October 2nd, NTC shares were trading at 166,800 VND per share.

NTC is one of the few stocks with a three-digit market price on the current stock exchange. However, the company has a relatively concentrated shareholder structure.

As of June 30, 2025, Nam Tan Uyen’s major shareholders include Phuoc Hoa Rubber Joint Stock Company (PHR, listed on HoSE) with 32.85% of the charter capital; Vietnam Rubber Industry Group (GVR, listed on HoSE) with 20.42%; Saigon VRG Investment Joint Stock Company (SIP, listed on HoSE) with 19.95%; and the remaining 26.78% held by minority shareholders owning less than 5% each.

In recent developments, on September 25th, Nam Tan Uyen paid a 2024 cash dividend at a rate of 60% (equivalent to 6,000 VND per share). This dividend payment totaled 144 billion VND.

Regarding business performance, in the first six months of 2025, Nam Tan Uyen achieved a net revenue of 277 billion VND, a 124% increase compared to the same period last year; after-tax profit reached 169 billion VND, up 29%.

For the year, Nam Tan Uyen has set a business target of nearly 793 billion VND in revenue and 284 billion VND in after-tax profit. Thus, the company has already achieved nearly 60% of its annual profit goal.

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