MCM shares officially traded on HoSE

On June 25, the Ho Chi Minh City Stock Exchange (HoSE) held a ceremony to announce the decision and celebrate the official trading day of shares of Moc Chau Dairy Cattle Breeding Joint Stock Company (MCM). On the opening day, the reference price of MCM shares was VND42,800/share.

Moc Chau Dairy Cow Breeding Joint Stock Company was established on April 8, 1958, formerly Moc Chau Farm - one of the pioneers in the livestock and industrial dairy production industry in Vietnam. With more than 66 years of experience, Moc Chau Milk brings consumers high-quality dairy products, meeting strict standards on food safety and nutrition. Along with the orientation of sustainable development from dairy farming to production and distribution of fresh milk products, Moc Chau Milk always strives for the goal of developing with the community, being environmentally friendly, bringing the best benefits to customers, investors, workers and the whole society.

In the past year, in addition to the macro factor due to the strong recovery of trade and consumer services, the company has made efforts to maintain revenue growth momentum. Accordingly, net revenue reached VND 3,135 billion, profit after tax reached VND 374.4 billion, up 8% compared to 2022, with a capitalization of VND 4,070 billion (calculated according to the closing price of shares on December 29, 2023), dividend reached 20%.

In 2023, the company launched 4 new products and improved 12 products to meet consumer tastes. Last year, Moc Chau Milk also won many awards such as: Top 500 fastest growing enterprises in Vietnam, Top 500 largest enterprises in Vietnam, and High-quality Vietnamese goods.

According to the company representative, the listing of Moc Chau Milk shares on HoSE is an important milestone in the development history of Moc Chau Milk, affirming the Company's position in the Vietnamese stock market. This is not only an important step for Moc Chau Milk to expand its scale and enhance its reputation, but also the company's commitment to transparency in corporate governance and sustainable development.