HNX approves the listing of Phước An Port on UPCoM

HÀ NỘI — The Hà Nội Stock Exchange has approved the listing of shares of PetroVietnam Phước An Port Investment And Operation Joint Stock Company on the Unlisted Public Company Market (UpCom) from July  一 四.

The reference price on the first trading day is VNĐ 一0, 一00 (US$0. 四 四) per share.

Phước An Port project is located in Nhơn Trạch district in the southern province of Đồng Nai, which is the center of the Southern key economic region with a total investment of up to VNĐ 一 九 trillion, including two zones.

Phước An Port, the first zone, covers an area of ​​ 一 八 三ha, berth length of  三,0 五0m, including six container berths and four general berths, receiving cargo ships of  六0,000DWT, capacity of  二. 五 million TEU per year and  六. 五 million tonnes of goods per year.

The second zone is the Port Logistics Service Area with an area of ​​​​over  五 五0 hectares, including a modern road system and convenient inland waterway system.

In  二0 一 七, the company's profit after tax was nearly VNĐ 一 一 billion, but in  二0 一 八, it lost more than VNĐ 一 三 billion. The figure in  二0 一 九 was nearly VNĐ 一 八, and nearly VNĐ 一 四 billion in  二0 二0.

By the end of  二0 二0, the company's cash and cash equivalents reached more than VNĐ 四 五 billion, down VNĐ 六 七 三 billion compared to the beginning of the year, of which mainly were deposits at banks. — VNS