BTP to list over 60m sharses

VNStockNews.com - Ho Chi Minh Stock Exchange (HOSE) has recently approved in principle Ba Ria Thermo Power Joint Stock Co (BTP) to list on the southern bourse.

In particular, BTP would list 60,485,600 shares worth nearly 605 billion dong.

At present, the company is finishing necessary proceedings for the listing.

In Q3, BTP gained 316.21 billion dong in revenue from sales and service provision, or 87.46 percent against previous quarter and posted a loss of 12.27 billion dong while its profit in Q2 was 2.95 billion dong.

Totally, during the first nine months this year, BTP attained over 1.02 trillion dong of revenue, or 83.46 percent of this year's target and 15.87 billion dong in after tax profit, equivalent to 47.26 percent of this year's plan.

The company now has a chartered capital of 604.856 billion dong specialising in power production, maintenance and preparing of power works and equipments.