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Textile stocks slump despite profit rises - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports


Update:
May, 11/2021 - 08:05
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Garment products are made at TNG Investment and Trading JSC in Thái Nguyên Province. Shares of TNG have slumped 13 per cent  compared to the beginning of April. VNA/VNS Photo Hoàng Nguyên 
HÀ NỘI Despite a positive recovery in the first quarter of this year, textile company stocks continued to decrease.
Even though positive earnings and good export results were recorded, major stocks in the textile and garment industry lost ground.
Shares of Thành Công Textile Garment Investment Trading Joint Stock Company (TCM) dropped 12 per cent compared to the beginning of April, trading at around VNĐ117,000 (US$5.11) per unit. ....

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