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Submitted by ctv_en_7 on Mon, 03/23/2009 - 17:02
Nearly 30 millions shares of the Phu Nhuan Jewellery Company (PNJ) has been officially listed on the Ho Chi Minh City Stock Exchange (HOSE) on March 23.

During the first session, PNJ shares were traded at VND45,600/share. PNJ is a famous brand name in Vietnam’s jewelry sector and was selected by the World Gold Council as one of the top ten jewelry companies in Asia.

With chartered capital of VND300 billion, the company is also operating in other fields such as energy, real estate, and foodstuff. PNJ holds shares in many subsidiary companies and is a founder of the DongA Bank, one of the Vietnam’s leading commercial joint stock banks.

In 2008, PNJ posted a revenue of VND4,178 billion and earned VND166,5 billion in pre-tax profits, an increase of 21.62 percent compared to the previous year’s figure.

The company is expected to reach a total revenue of VND4,500 billion this year and earn VND218 billion in pre-tax profits.


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