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STK had the reference price of VND29,000 per share and the fluctuation range of 20% on either side on its first trading day. Closing the session on September 30, STK added 6.55% to VND30,900 per share.

Dang Trieu Hoa, chairman and general director of STK, said the corporation mainly sells quality filament polyester DTY/FDY yarn to local and foreign textile-dying businesses which supply fabrics to producers of clothes of famous brands. Over 70% of STK’s revenue is from exports to European and Asian markets.

 

He said the enterprise would focus more on the textile-garment supply chain to strengthen its competitiveness and cash in on the opportunities from more investments of China and Taiwan in Vietnam.

To make the most of opportunities from Vietnam’s signing of free trade agreements with partners, the company has commissioned Trang Bang 3 yarn plant in the district of the same name in Tay Ninh Province. The facility has an annual capacity of 15,000 tons of partially oriented yarn (POY) and 15,000 tons of draw textured yarn (DTY).

The factory worth VND735 billion (US$32.6 million) will increase the firm’s total capacity to 52,000 tons of yarn per year.

STK plans to invest VND275 billion in Trang Bang 4 plant with a designed capacity of 3,000 tons of DTY, 6,000 tons of POY and 4,000 tons of fully drawn yarn (FDY). The new facility will be up and running in the third quarter of 2016 and help increase the enterprise’s annualcapacity to 60,000 tons.

STK posted revenue of some VND1.46 trillion and after-tax profit of VND106 billion last year, up 42% year-on-year and 14% higher than the year’s profit target. In the first six months of this year, its after-tax profit amounted to VND54.5 billion, 16% higher than the first-half target.

Tran Thu

Quote from: "http://www.vietnambreakingnews.com/2015/10/fiber-firm-debuts-on-hose/"


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HOME
INTRODUCTION
INTRODUCTION
VISION & MISSION
BUSINESS STRATEGIES
BUSINESS MODEL
AWARDS & RANKING
KEY MILESTONES
COMPANY’S STRUCTURE
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SUPERVISION COMMITTEE
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QUALITY ASSURANCE
CERTIFICATE
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OUR BELIEF
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ENVIRONMENTS
EMPLOYEES AND SOCIETY
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STK AT A GLANCE
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CENTURY SYNTHETIC FIBER CORPORATION
Head Office
Address: B1-1 Tay Bac Cu Chi Industrial Zone, Cu Chi District, HCMC, Vietnam.
Phone: (+84.276) 388 7565 | Fax: (+84.276) 388 7566
Branch Office
Address: Road No. 8, Trang Bang Industrial Zone, Trang Bang District, Tay Ninh Province, Vietnam.
Phone: (+84.276) 388 7565 | Fax: (+84.276) 388 7566
Representative Offfice
Address: 102-104-106 Bau Cat street, Ward 14, Tan Binh District, HCMC.
Phone: (+84.276) 388 7565 | Fax: (+84.276) 388 7566
THE SUBSIDIARY - UNITEX CORPORATION
Address: Lot A17.1, Road C1, Thanh Thanh Cong Industrial Zone, An Hoa Commune, Trang Bang District, Tay Ninh Province, Viet Nam.
Phone: (+84.276) 371 7565
HOME
INTRODUCTION
INTRODUCTION
VISION & MISSION
BUSINESS STRATEGIES
BUSINESS MODEL
AWARDS & RANKING
KEY MILESTONES
COMPANY’S STRUCTURE
BOARD OF DIRECTORS
SUPERVISION COMMITTEE
BOARD OF MANAGEMENT
PRODUCT & SERVICE
PRODUCTS
SERVICE
QUALITY ASSURANCE
CERTIFICATE
PRODUCT RESPONSIBILITY
SUSTAINABILITY
OUR BELIEFS
ENVIRONMENT
EMPLOYEES & SOCIETY
RESOURCES
INVESTOR RELATIONS
STK AT A GLANCE
REASONS TO INVESTS IN STK
CORPORATE GOVERNANCE POLICY
KEY FINANCIAL DATA
SHARE
ARCHIVES
CALENDAR
CENTURY SYNTHETIC FIBER CORPORATION
Head Office
Address: B1-1 Tay Bac Cu Chi Industrial Zone, Cu Chi District, HCMC, Vietnam.
Phone: (+84.276) 388 7565 | Fax: (+84.276) 388 7566
Branch Office
Address: Road No. 8, Trang Bang Industrial Zone, Trang Bang District, Tay Ninh Province, Vietnam.
Phone: (+84.276) 388 7565 | Fax: (+84.276) 388 7566
Representative Offfice
Address: 102-104-106 Bau Cat street, Ward 14, Tan Binh.
Phone: (+84.276) 388 7565 | Fax: (+84.276) 388 7566
THE SUBSIDIARY - UNITEX CORPORATION
Address: Lot A17.1, Road C1, Thanh Thanh Cong Industrial Zone, An Hoa Commune, Trang Bang District, Tay Ninh Province, Viet Nam.
Phone: (+84.276) 371 7565
Copyright © 2018
Century Synthetic Fiber Coporation
CENTURY SYNTHETIC FIBER CORPORATION
Head Office
Address: B1-1 Tay Bac Cu Chi Industrial Zone, Cu Chi District, HCMC, Vietnam.
Phone: (+84.276) 388 7565 | Fax: (+84.276) 388 7566
Branch Office
Address: Road No. 8, Trang Bang Industrial Zone, Trang Bang District, Tay Ninh Province, Vietnam.
Phone: (+84.276) 388 7565 | Fax: (+84.276) 388 7566
Representative Offfice
Address: 102-104-106 Bau Cat street, Ward 14, Tan Binh.
Phone: (+84.276) 388 7565 | Fax: (+84.276) 388 7566
THE SUBSIDIARY - UNITEX CORPORATION
Address: Lot A17.1, Road C1, Thanh Thanh Cong Industrial Zone, An Hoa Commune, Trang Bang District, Tay Ninh Province, Viet Nam.
Phone: (+84.276) 371 7565
Copyright © 2018
Century Synthetic Fiber Coporation