Masco to list shares at Hanoi Exchange

Friday, Jul 11, 2014 14:25

Masco supplies taxi services at Da Nang Airport. — Photo masco.com.vn

HA NOI (Biz Hub) — The Da Nang Airport Service Joint Stock Company (Masco) will list more than 3 million of its shares under the code MAS at the Hanoi Stock Exchange this year.

This was reported by the Investment Newspaper. In the first quarter of this year, Masco earned VND58 billion, or US$2.76 million, in revenue and after-tax profit of VND7.8 billion, or $371,000, which was thrice the value of the after-tax profit of the same period last year.

The service supply, including the supply of flight meals at the Da Nang, Cam Ranh and Phu Bai airports, taxi services at Da Nang Airport, and training car and motorbike drivers in Da Nang City and Thua Thien Hue Province, accounted for more than 90 per cent of the company's annual revenue. — VNS

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