AsemconnectVietnam - On February 29, 2024, Thai Nguyen International Hospital Joint Stock Company (TNH - HOSE floor) started construction of TNH Lang Son Hospital.

Lang Son TNH Hospital is a project invested by Lang Son TNH Hospital Joint Stock Company (a subsidiary of TNH). On January 2024, the Company was granted a construction permit, environmental permit as well as completed basic documents to ensure eligibility to start construction.
Lang Son TNH Hospital project is expected to be built with a scale of 300 beds with a total investment of over VND700 billion divided into 2 phases, phase 1 invests in building 250 beds, phase 2 invests in Build another 50 hospital beds. Completion time and expected operation is around the first quarter of 2025.
According to TNH's Board of Directors, the investment phasing will be carried out according to the principle of investing in construction and purchasing main equipment once, phase 2 will only recruit additional personnel and purchase additional supplies and medical equipment. This helps to minimize investment costs while still ensuring to meet rapidly increasing medical examination and treatment needs when necessary.
Regarding business activities, accumulated for the whole year 2023, the Company will reach VND531 billion in revenue, an increase of 15% compared to the previous year, although the cost price also increased by 24%, so the Company's gross profit will reach VND218 billion, an increase of 4%. %. Business management costs reached VND32.5 billion, an increase of 19% over the same period. After deducting expenses, the Company achieved pre-tax profit of VND151 billion, an increase of 4% compared to the previous year.
On the market, TNH shares have just experienced prosperous sessions. After the ceiling price increase on February 27, TNH shares continued to increase by 1.4% and closed the trading session on February 28 at a price of 21,700 VND/share, this is also the highest price in more than 5 months.
N.Nga
Source: VITIC/Tinnhanhchungkhoan