Yarn producer Damsan trades over 16m shares

Yarn producer Damsan traded over 16 million shares (ADS) on the HCM Stock Exchange at the reference price of VNĐ17,000 per share yesterday. — Photo tamnhin.net

HCM CITY — Yarn producer Damsan traded over 16 million shares (ADS) on the HCM Stock Exchange at the reference price of VNĐ17,000 per share yesterday.

Set up in 2006 in the northern province of Thái Bình, Damsan manufactures yarn and cotton and also works as real estate business.

With charter capital of VNĐ160.7 billion, Damsan earns over 60 per cent of its revenue from yarn and cloth production. Damsan also involved in trading low-income houses in the province of Thái Bình.

Damsan has two subsidairies known as ACC Investment and Construction Limited Companies and EIFFEL Yarn Company.

ADS ended the first trading day by closing at VNĐ13,700 per share. — VNS

Tags HoSE Damsan ADS

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