PME to list shares on HOSE

The Pymepharco Corp (PME) will list over 65.23million shares for its first time on Ho Chi Minh City of Stock Exchange (HOSE) on November 8 at a reference price of VND 68,000 per share.

With a result, MPE will earn VND 4,4trillion at the first trading day.

MPE targets to reach its net revenue of up to VMD 1,6trillion and pre-tax profit will be VND 300 billion, paying dividend at 20 percent.

For the first nine months of this year, its revenue reached VND 1,2trillion, afte-tax profit of VND 215 billion, an increase of 9 percent and 24 percent respectively compared over the same period last year.