Cables and Telecom Co beats profit target

VNStockNews.com - Cables and Telecommunications Material Co (SAM) estimates that it will earn a revenue of VND404 billion (US$21.8 million) and a pre-tax profit of VND273 billion ($14.8 million) for the entire year, exceeding its profit target by 95%.

SAM closed yesterday’s session up VND27,100 ($1.5) on a trading volume of over 1.65 million shares.