In the middle of October, 2015, SBT finished public offering of 37 million shares to transfer charter from Gia...
In the middle of October, 2015, SBT finished public offering of 37 million shares to transfer charter from Gia Lai Sugar Cane Thermoelectricity company. After joint-venture, SBT increased own charter up to VND 1,856 billion.
SBT proposed business plan in fiscal year 2015 – 2016 with 204,650 ton of sugar consumption. Total revenue in fiscal year estimated VND 3,306 billion and profit before tax projected VND 220 billion, growth rates are 60% and 22% respectively comparing to last fiscal year.
With 185.6 million of shares outstanding, average earning per share (EPS) in 2015 was projected VND 1,185. Dividend plan in 2016 is estimated paid from 8 to 10%. In 2015, SBT dividend paid by cash, at the rate 7%.
SBT stock price recorded an amazing increasing after its M&A. SBT price is currently exchange at VND 18,300 per share.
Source: NDH