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VietNamNews

Livestock firm Vilico lists 63m shares on UPCoM

Update: October, 14/2015 - 07:53

HA NOI (VNS) — Shares of Viet Nam Livestock Corporation (Vilico) will be traded on the unlisted public company market (UPCoM) on October 26.

According to the Ha Noi Stock Exchange, 63.1 million shares of Vilico, coded VLC with a combined face value of VND631.01 billion (US$28.04 million), will begin changing hands at a price of VND13,800 (61 cents) per share.

The company said in a mid-2015 report that it earned about VND1.26 trillion ($56 million) in net turnover during the first half of this year, with more than 70 per cent of its earnings coming from milk products.

The firm has two subsidiaries, including Moc Chau Dairy Cattle Breeding JSC and Mien Trung (Central Region) Livestock JSC. — VNS

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