Thong Nhat Hanoi listed 23.7 million shares on UPCoM on November 8.

NDO - Hanoi Stock Exchange (HNX) has just announced that on November 8, 23.7 million TNV shares of Thong Nhat Hanoi Joint Stock Company will be officially listed for trading on the UPCoM market at HNX with a reference price on the first trading day of VND 8,900/share.

Thong Nhat Hanoi Joint Stock Company, stock code TNV (headquartered at 10B, Trang Thi Street, Hang Trong Ward, Hoan Kiem District, Hanoi), formerly Thong Nhat Bicycle Factory, was established in 1960.

In 2017, the company officially converted to a joint stock company model with a charter capital of 237 billion VND.

TNV's main field of activity is the production of bicycles and vehicles for the disabled... with many products such as sports bicycles, popular bicycles, children's bicycles, bicycle accessories...

Regarding production and business situation, in 2023, the enterprise recorded net revenue of more than 176.57 billion VND (up 24% over the same period in 2022), after-tax profit reached more than 2.62 billion VND (down 19% over the same period last year).

Also in 2023, the company's sales of sports bicycles decreased by 50%, to just under 12,000 units. However, sales of children's bicycles increased by 140% over the same period, with more than 74,000 units sold. Meanwhile, the street bicycle product line maintained a flat output with 88,000 units shipped.

In the first six months of 2024, the company's revenue reached more than 60 billion VND, with after-tax profit of more than 300 million VND.

TNV plans to achieve revenue of 162 billion VND and profit after tax of 2 billion VND in 2024.

On November 8, 23.7 million TNV shares of Thong Nhat Hanoi Joint Stock Company will have an official trading session on the UPCoM market at HNX with a registered trading value of VND 237 billion, the reference price on the first trading day is VND 8,900/share.

Source: https://nhandan.vn/doanh-nghiep-xe-dap-thong-nhat-dua-237-trieu-co-phieu-len-san-upcom-ngay-811-post842153.html