HCM City (VNA) – Seafood processor Nam Viet Co will buy back a million shares in order to increase earnings per share, in a move approved by the Ho Chi Minh City Stock Exchange.
The company in the first 11 months of 2007 posted a profit of 390 billion VND (24.3 million USD), an increase of 65 percent on the same period of 2006.
Nam Viet has charter capital of 660 billion VND. The company’s shares on January 27 closed at 86,000 VND, down 2.3 percent.-Enditem
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