More than 99.9 million MZG shares officially traded on UPCoM on November 12

NDO - On November 4, the Hanoi Stock Exchange (HNX) announced the official listing of more than 99.9 million MZG shares of Miza Joint Stock Company on the UPCoM market at HNX on November 12, with a reference price on the first trading day of VND 11,900/share.

Accordingly, Miza Joint Stock Company (MZG) is located at Nguyen Khe Small and Medium Industrial Cluster, Nguyen Khe Commune, Dong Anh District, Hanoi City; established in 2010.

MZG's registered business lines include: production and recycling of all kinds of paper; treatment and destruction of toxic waste; scrap recycling; pollution treatment and other waste management activities; import and export of the company's business items...

Currently, Miza operates mainly in the field of recycling waste paper to produce packaging paper products, supplying packaging factories nationwide... contributing to solving the problem of environmental pollution, recycling waste (scrap paper of all kinds) to create reusable products for production and consumption.

After many increases, the company's current charter capital is nearly 1,000 billion VND.

Regarding production and business situation, in 2023, Miza recorded net revenue of more than 3,200 billion VND, after-tax profit of more than 62.4 billion VND, exceeding 8% of the year's profit target.

In the first 6 months of 2024, the Company achieved net revenue of more than VND 2,032 billion, after-tax profit of more than VND 24.7 billion.

In 2024, the company plans to have net revenue of more than VND 3,390 billion, and after-tax profit of more than VND 63.5 billion.

In 2015-2016, Miza expanded its waste paper recycling line to produce high-quality packaging paper, increasing its capacity from 25,000 tons/year to 32,500 tons/year.

In 2017, the Company invested in additional production lines, increasing the total factory capacity to 40,000 tons/year.

Currently, Miza is investing in the Miza Nghi Son Packaging Paper Factory Project Phase 2, building packaging paper production line No. 2 at Miza Nghi Son Company Limited with a capacity of 120,000 tons/year, helping to increase the total capacity of the paper production line to 240,000 tons/year.

On November 12, more than 99.9 million MZG shares of Miza Joint Stock Company will have an official trading session on the UPCoM market at HNX with a registered trading value of more than VND 999 billion (at par value of VND 10,000/share); the reference price on the first trading day is VND 11,900/share.

Source: https://nhandan.vn/hon-999-trieu-co-phieu-mzg-chinh-thuc-giao-dich-tren-upcom-ngay-1211-post843034.html