Quang Ninh Book & Educational Equipment JSC
HHNX:QST24,400.00
VND
+1,500.00
(+6.55%)
Quang Ninh Book & Educational Equipment JSC
HNX:QST
(Hanoi Stock Exchange)
Recent
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24,400.00
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ROIC.AI
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- Quang Ninh Book & Educational Equipment Joint Stock Company is a Vietnam-based educational distributor, school equipment provider, and private education operator primarily engaged in the commercial distribution of educational publications, instructional apparatus, stationery, and the delivery of K-12 academic schooling. Founded in 1983 as the Quang Ninh Book and Educational Equipment Station and equitized in 2004, the company is headquartered in Ha Long, Quang Ninh Province, Vietnam, and trades on the Hanoi Stock Exchange under the ticker symbol QST. The company organizes its business operations into three main operating divisions: Book Publishing and Distribution, Educational Equipment and Supplies, and Educational Services. The company's systematic product and service portfolio comprises: standard national curriculum textbooks, teacher instruction manuals, and student workbooks; academic reference books, foreign language instructional literature, dictionaries, children's literature, and general reading publications; teaching apparatus, laboratory and scientific experimentation tools, visual charts, and early childhood educational toys; classroom furniture including student desks, instructional chairs, and school board systems; institutional and student stationery products, notebooks, writing instruments, and artistic supplies; retail bookstore operations managed through a chain of educational supermarkets situated across major provincial population centers including Ha Long, Cam Pha, and Uong Bi; wholesale distribution channels supplying municipal and district Departments of Education and Training as well as public and private schools throughout Quang Ninh Province; and private K-12 comprehensive education services operated through its Van Lang Inter-level School system, encompassing primary, lower secondary, and upper secondary education. In recent developments, the company has implemented significant strategic and operational enhancements, including expanding enrollment capacity, pedagogical infrastructure, and specialized facilities across the Van Lang Inter-level School to capture growing regional demand for quality non-public education, establishing tuition fees as a primary driver of operating revenue growth; restructuring wholesale and retail distribution logistics to support the comprehensive roll-out of textbooks and pedagogical aids under Vietnam's 2018 General Education Curriculum across all academic grades; modernizing its traditional bookstore locations into multi-category educational supermarkets offering integrated learning environments; and sustaining an established shareholder return framework characterized by consistent annual cash dividend distributions.