The Hanoi Stock Exchange (HNX) announced that it has received a file for registration for securities listing from CIENCO4 Group Joint Stock Company (share code: C4G).
Specifically, CIENCO4 registered to list 224,718,202 shares, corresponding to the company's actual charter capital of more than VND 2,247 billion.
It is known that CIENCO4, formerly a state-owned enterprise, under the Ministry of Transport, has a history of establishment since 1962. In June 2014, the enterprise officially operated under the model of a joint stock company with an initial charter capital of VND 600 billion. The company has been issuing shares to register for trading on the UPCOM exchange since December 2018.
CIENCO4 previously announced its preparation to list on HOSE in 2021.
Regarding the business results for the first 6 months of 2022, CIENCO4's net revenue was 1,210 billion VND, after-tax profit was 79 billion VND, up 45% and 90% over the same period last year, equivalent to completing 40% and 26.3% respectively of the annual target approved by the annual General Meeting of Shareholders in April.
As of June 30, the company's total consolidated assets were VND 8,542 billion, up 9.4% over the beginning of the year. Owner's capital increased nearly double compared to the beginning of the year with VND 2,417 billion due to the company increasing its charter capital by issuing shares to existing shareholders at a ratio of 1: 1.