Nam Tan Uyen (NTC) submitted documents to list nearly 24 million shares on HOSE.

VHO - Ho Chi Minh City Stock Exchange (HOSE) announced that it has just received the listing registration dossier of Nam Tan Uyen Industrial Park JSC (stock code: NTC).

NTC has registered to trade on UPCoM since 2016 and is trading at VND153,300/share. Illustrative photo

Accordingly, NTC plans to list nearly 24 million shares on HOSE with a corresponding charter capital of nearly VND240 billion. The consulting unit for NTC is Vietnam Joint Stock Commercial Bank for Foreign Trade Securities Company (VCBS).

Previously, NTC registered to trade on UPCoM since 2016 and was trading at VND153,300/share in the afternoon trading session on June 17.

Regarding shareholder structure, as of the end of the first quarter of 2025, Nam Tan Uyen has 3 major shareholders including Phuoc Hoa Rubber Joint Stock Company (code PHR) owning 32.85% of capital, Vietnam Rubber Industry Group (VRG, code GVR) owning 20.42% of capital and Saigon VRG Investment Joint Stock Company holding 19.95% of capital.

Nam Tan Uyen is currently the infrastructure investor of 3 large industrial parks in Binh Duong , including: Nam Tan Uyen Industrial Park (332ha), Nam Tan Uyen Industrial Park expansion (288.52ha) and expansion phase 2 (346ha). In addition, the enterprise also participates in investing in many other industrial parks such as: Binh Long Rubber Industrial Park (37.79%), Bac Dong Phu Industrial Park (40%), Dau Giay Industrial Park (22.17%) and Truong Phat Rubber Joint Stock Company (20%).

Regarding business performance, in the first quarter of 2025, Nam Tan Uyen brought in net revenue of more than 134 billion VND, nearly 2.4 times higher than the same period; however, due to a sharp decrease in financial revenue and an increase in total costs, after-tax profit only increased by 6%, reaching 69 billion VND.

By the end of the first quarter of 2025, Nam Tan Uyen's total assets reached more than VND 7,353 billion, unchanged from the beginning of the year. Of which, 74% of assets were long-term assets with VND 5,439 billion.

On the other side of the accounting table, NTC's total liabilities at the end of the quarter were over VND6,173 billion, down slightly by 1% compared to the beginning of the year, focusing more than 59% on short-term prepayments from buyers and long-term unrealized revenue, worth nearly VND3,623 billion.

In the first quarter of 2025, the income of some key leaders of Nam Tan Uyen increased sharply compared to the same period. Of which, Deputy General Director Huynh Huu Tin had the highest income with 294.4 million VND/quarter while in the same period it was only 119 million VND. Deputy General Director Tran Van Binh also had an income of 270 million VND, a sharp increase compared to nearly 113 million VND in the same period.

Source: https://baovanhoa.vn/kinh-te/nam-tan-uyen-ntc-nop-ho-so-niem-yet-gan-24-trieu-co-phieu-len-hose-144619.html