December 20, 2018 | 21:44 (GMT+7)
Viettel Consultant and Design JSC starts trading on UPCOM
PANO – The Consultant and Design Joint Stock Company of the Military Industry-Telecoms Group Viettel has just had its first session on the Unlisted Public Company Market (UPCOM), where each of its shares was traded at the price of VND 28,000 (USD 1.2).
This is the fourth company of Viettel joining UPCOM, with great expectation for vigorous growth based on a high dividend rate, maintained at 25% annually over the past five years.
Formed in 1995, Viettel Consultant and Design JSC is currently the top telecommunications infrastructure consultant and design company in Vietnam.
The company’s total revenue in 2017 reached VND 91 billion (nearly USD 4 billion), increasing by 13% compared with 2016. The company’s pre-tax profit then was VND 23.2 billion (nearly USD 1 billion).
In the first six months of 2018, the figures were VND 39.2 billion (nearly USD 1.7 billion) and VND 11.9 billion (more than USD 500,000), respectively.
Translated by Chung Anh