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02 Jan
10:21

Vietnam's SMC Trading targets profit in 2024

Vietnamese distributor and processor SMC Trading Investment JSC aims to turn a profit in 2024. The company has set its steel sales target at 900,000 tonnes for 2024, Kallanish learns from its public document, and the goal for profit-after-tax is set at VND 80 billion ($3.28 million) for this year. In addition, SMC's board of directors has agreed to redeem a bond package worth VND 200 billion in June, with a fixed coupon rate of 8.2% per year. The bond wa…
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