Today, An Phat Holdings (Ticker Symbol: APH) organized “Roadshow APH: Leading Plastics Group – Pioneering ty le keo ma lai xi a Green Trend.” Attending ty le keo ma lai xi a seminar, on behalf of An Phat Holdings, there were Mr. Nguyen Le Trung – Vice Chairman of ty le keo ma lai xi a Board of Directors; Mr. Dinh Xuan Cuong – Vice Chairman, Chief Executive Officer; Mr. Pham Do Huy Cuong – Member of ty le keo ma lai xi a Board of Directors, Standing Deputy General Director, Chief Financial Officer; Ms. Nguyen Thi Tien – Member of ty le keo ma lai xi a Board of Deputy General Director; on behalf of ty le keo ma lai xi a Ho Chi Minh Stock Exchange, there were Ms. Tran Thi Thuy Linh – Deputy Director of HoSE’s Listing Management and Appraisal Department together with more than 200 investors, domestic and foreign enterprises.
At ty le keo ma lai xi a Roadshow, An Phat Holdings’ Board of Directors met and discussed with investors to introduce ty le keo ma lai xi a potential of APH stock as well as sharing information about ty le keo ma lai xi a business situation, activities and upcoming development plans before officially listing on ty le keo ma lai xi a Ho Chi Minh Stock Exchange on July 28.
Currently, An Phat Holdings owns three listed companies, namely Hanoi Plastics Joint Stock Company (Ticker symbol: NHH) and An Phat Bioplastics Joint Stock Company (Ticker symbol: AAA) and many other member companies. , An Phat Holdings (APH) has over ty le keo ma lai xi a past twenty years created a closed business ecosystem that allows ty le keo ma lai xi a maximum exploitation of available products and services with 15 member companies.
Speaking at Roadshow APH, Mr. Dinh Xuan Cuong – Vice Chairman and Chief Executive Officer of An Phat Holdings said: “In order for APH shares to have high liquidity and transparency, we are now officially listing stocks of An Phat Holdings (Ticker Symbol: APH) on ty le keo ma lai xi a HoSE – ty le keo ma lai xi a largest and prestigious stock exchange. Hopefully, listing on HoSE will help us open up ty le keo ma lai xi a opportunities to mobilise capital and finding great cooperation partners in ty le keo ma lai xi a coming time.”
Listing stock on HoSE is ty le keo ma lai xi a first step of An Phat Holdings to mobilise capital for ty le keo ma lai xi a first compostable material manufacturing plant in Vietnam that will provide sufficient material for both domestic and international market. In addition, thank to ty le keo ma lai xi a compostable material manufacturing plant, APH will have self-supply in raw materials, save production costs about 30% for subsidiaries while ty le keo ma lai xi a parent company still enjoys a gross profit margin of 25-30% of this project.
ty le keo ma lai xi a construction of ty le keo ma lai xi a plant is expected to start at ty le keo ma lai xi a beginning of 2021 at Hai Phong, with an 18-month construction period, completed by 2022, with a capacity of 20.000 tons per year. When ty le keo ma lai xi a plant comes into operation, ty le keo ma lai xi a profit from compostable products is expected to rise from 10% currently to about 40 – 50% in APH’s packaging revenue.
After Q&A session, investors were answered questions regarding ty le keo ma lai xi a growth strategy, profit margins of each segment, especially ty le keo ma lai xi a plan to construct compostable material manufacturing plant. In ty le keo ma lai xi a context that ty le keo ma lai xi a demand for bioplastics continues to increase in many industries, ty le keo ma lai xi a construction of AnBio compostable material plant is determined to be a strategic move, creating a breakthrough development for APH.
In 2019, APH’s consolidated revenue and profit after tax increased impressively at VND 9,513 billion and VND 712 billion, equivalent to 19% and 305% compared to ty le keo ma lai xi a same period in 2018. ty le keo ma lai xi a successful IPO auctioned 4,3 million shares, equivalent to 3% of ty le keo ma lai xi a stake, helped APH raised VND 215.08 billion. After ty le keo ma lai xi a IPO, ty le keo ma lai xi a company was valued at over VND 6,600 billion.
In 2020, APH plans to issue 20 million new shares, equivalent to 14% of ty le keo ma lai xi a outstanding shares. APH also targets revenue and net profit of VND 12 trillion and VND 650 billion. In ty le keo ma lai xi a long term, APH’s driving force will come from compostable products by investing in ty le keo ma lai xi a construction of ty le keo ma lai xi a plant. ty le keo ma lai xi a total capital needed for AnBio compostable material manufacturing plant is over USD70 million. ty le keo ma lai xi a company seeks to raise about 80% of ty le keo ma lai xi a needed capital in 2020 while ty le keo ma lai xi a remaining 20% will be raised next year mainly from commercial loans or straight bonds.
With ty le keo ma lai xi a expansion of production scale, positive cash flow forecast, transparent information and good credit history, APH looks forward to cooperating with strategic investors in ty le keo ma lai xi a coming time.
***Contact:
PR DEPARTMENT – AN PHAT HOLDINGS
PR Executive: Le Minh Duc
Email: duclm@anphatholdings.com
Mobile: 096 8325 393
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