Vinacomin Nui Beo Coal JSC

Vinacomin Nui Beo Coal JSC

HHNX:NBC
8,700.00
VND
+500.00
(+6.10%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Tho Dac Doan
Full Time Employees
3,173
Sector
Energy minerals
Industry
Coal
Address
Ha Long Vietnam
IPO Date
Dec 27, 2006
Business
Vinacomin - Nui Beo Coal Joint Stock Company is a Vietnam-based mining and energy enterprise primarily engaged in the extraction, processing, and commercial distribution of coal and related mineral resources. Operating as a publicly traded subsidiary of the state-owned Vietnam National Coal and Mineral Industries Holding Corporation Limited (VINACOMIN), the company supplies solid fuel and industrial support services to critical domestic infrastructure sectors, including thermal power generation plants, cement manufacturers, chemical producers, and metallurgical facilities across Vietnam. The company conducts business across integrated operating segments comprising underground coal extraction; mineral beneficiation; mine engineering and civil construction; mechanical equipment manufacturing and maintenance; port terminal operations; and industrial transportation logistics. The company provides a comprehensive portfolio of products and technical services, which includes raw anthracite coal extracted from the Quang Ninh coal basin; washed and graded clean coal meeting commercial calorific specifications for industrial boilers and power plants; subterranean mine development, vertical shaft sinking, and tunneling services; custom fabrication, assembly, overhaul, and repair of specialized mining machinery, heavy vehicle components, and mechanical spare parts; road, rail, and inland waterway freight transport; marine port cargo handling and warehouse logistics services; and the manufacture and distribution of construction materials. Originally founded in 1988 as the Nui Beo Coal Mine under an intergovernmental cooperation initiative and subsequently equitized in 2005, the company is headquartered in Ha Long City, Quang Ninh Province, Vietnam, and trades on the Hanoi Stock Exchange under the ticker symbol NBC. In recent operational developments, the company completed a major strategic transformation from depleted open-pit operations to deep underground mining via a capital investment project exceeding VND 5.3 trillion, which utilizes dual vertical shaft systems reaching depths of 381 meters. The company successfully achieved its designed full production run-rate of 2.0 million metric tons of underground coal annually. Additionally, recent operational enhancements include the deployment of mechanized longwall mining technology, automated subterranean passenger electric rail transit systems, modern high-pressure dust suppression networks across coal processing yards, and an upgraded 1,200 cubic-meter-per-hour industrial wastewater filtration facility to meet environmental sustainability standards.