AsemconnectVietnam - On July 7, Nui Nho Stone JSC (code NNC - HOSE) received the Decision of the People's Committee of Ho Chi Minh City (formerly Binh Duong province) on approving the additional fee for granting the right to exploit Nui Nho construction stone for the reserve portion left for protective pillars and safety belts in the exploitation design.

The total amount of money for granting the right to exploit additional minerals is more than VND20.4 billion. Of which, the construction stone reserve for calculating the fee for granting the right to exploit additional minerals is more than 5.1 million m3.
According to research, Nui Nho Stone was established with an initial charter capital of VND38 billion. The Company's main production and business activities were initially exploiting Nui Nho stone quarry in Ho Chi Minh City (formerly Binh Duong) with an area of 27.34 hectares, an exploited reserve of 17.15 million m3, an exploited capacity of 2.0 million m3/year; and was later licensed to exploit Mui Tau stone quarry with a reserve of 22.5 million m3.
In terms of business activities, in the first quarter of 2025, Nui Nho Stone recorded revenue of VND70.13 billion, an increase of 35.1% over the same period; profit after tax reached VND16.25 billion, an increase of 187.6% over the same period last year. In which, gross profit margin improved from 18.6% to 32.2%.
In 2025, Da Nui Nho plans to have a revenue of VND226 billion, with an expected pre-tax profit of VND55 billion.
Thus, ending the first quarter of 2025 with a pre-tax profit of VND20.31 billion, Da Nui Nho has completed 36.9% of the annual plan.
N.Nga
Source: VITIC/Tinnhanhchungkhoan