Vietnamese-VNEnglish (United Kingdom)
SQC to continue its up-straight line
Tuesday, 29 December 2009 13:39
SQC shares of Saigon-Quy Nhon Mining Corporation (member of Saigon Invest Group - SGI) continued to serve as a support force for HNX when they continue their ceiling rise rate to the new peak of 138,600 VND per share this morning 29 Dec.

At 10:00 AM, HNX slightly lost 0.29 points to 161.49 points. The whole market had 74 riser (SQC was the strongest riser, surging from 129,600 VND per share yesterday (28 Dec) to 138,600 VND per share), 46 sleepers and 136 losers.

Thus, from their debut at the stock exchange on December 27 at 81,000 VND per share, after just nearly 2 weeks of transaction, SQC has continuously surged up, reaching 138,600 VND per share to become the runner up on HNX only to HSC shares of Hacinco (179,400 VND per share).

According to its plan, SQC set the target to achieve 130 billion VND of revenue and 25 billion VND of post-tax profit in 2009. The numbers for 2010 are 869 billion VND of revenue and 300 billion VND of post-tax profit. The corresponding numbers for 2011 are 1278 billion VND and 420 billion VND. With the implementation of the major projects, the revenue and profit of the Corporation in 2010 promise to grow remarkably.

Hoang Minh

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