Analyst Pin-board Update on KSB
KSB specializes in the mining and processing of building stone. The firm has three quarries: Tan Dong Hiep, Phuoc Vinh and Tan My. Recently, KSB has been approved to extend the exploitation period at Tan Dong Hiep for one more years and invested in new quarry projects. In addition, the company also operates in the industrial park sector, with a total of 500ha land area in Binh Duong province. According to management, KSB estimates total net profit for 2018 of VND 320 billion (+15% YoY), due to an improvement in results in 2H 2018 as Tan Dong Hiep is back in operation.
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