PAC to list 3m additional shares

Tuesday, April 22, 2008
The Ho Chi Minh City Stock Exchange (HOSE) on April 18 approved for the Dry Cell and Storage Battery Joint Stock Co (Pinaco-coded PAC) to list three additional shares worth 30 billion dong on the southern bourse.
According to the fiscal report in the fourth quarter of 2007, pinaco earned 327.895 billion dong in revenue, rising 154.4% against the same period of previous year and 16.491 billion dong from after tax profit, bringing the total figures of the whole year to 989.81 billion dong and 45.032 billion dong, a year-on-year increase 46.8% and 129% respectively.
Ending the trading session on April 18, PAC-coded shares up 900 dong or 1.92% to 47,700 dong per share with 26,510 shares being traded.