Vinacomin - Ha Tu Coal JSC

Vinacomin - Ha Tu Coal JSC

HHNX:THT
7,200.00
VND
+100.00
(+1.41%)
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
Quang Quang Nguyen
Full Time Employees
1,869
Sector
Energy minerals
Industry
Coal
Address
Ha Long Vietnam
IPO Date
Oct 24, 2008
Business
Vinacomin - Ha Tu Coal Joint Stock Company is a Vietnam-based mining enterprise primarily engaged in the open-pit exploration, extraction, processing, and distribution of commercial coal. Founded in 1960 and headquartered in Ha Long City, Quang Ninh Province, Vietnam, the company operates as a key subsidiary of the state-owned Vietnam National Coal - Mineral Industries Holding Corporation Limited and trades publicly on the Hanoi Stock Exchange under the ticker symbol THT. The company organizes its business activities into comprehensive mining, processing, and industrial support operations. Its core product and service portfolio comprises the extraction and supply of high-grade anthracite coal, including various specifications of lump coal, fine coal, and custom-blended coal products formulated for thermal power generation, cement manufacturing, chemical fertilizer production, and metallurgical industries; raw coal beneficiation, mechanical screening, classification, and quality enhancement services; open-pit mining support operations, including overburden excavation, rock hauling, and pit dewatering; logistics and heavy transport solutions, comprising road freight, storage, and bulk material handling; industrial equipment maintenance, machinery overhaul, and electrical system assembly; and environmental management services, including industrial wastewater treatment, post-mining land reclamation, and forestry conservation. The enterprise serves major industrial and utility consumers across Vietnam while delivering export shipments to international markets including Japan, South Korea, China, Malaysia, and Indonesia. In recent operational developments, Vinacomin - Ha Tu Coal Joint Stock Company has executed strategic capacity expansions, heavy equipment upgrades, and resource efficiency initiatives at its flagship Bac Bang Danh mining concession. The company commissioned and integrated a central coal screening and processing plant with an operational capacity of 2.5 million tonnes per year, substantially upgrading sorting accuracy and commercial loading capacity. To maintain mining productivity as open-pit excavation advances to depths below the -205-meter level, the company expanded its heavy machinery fleet with large-capacity 12-cubic-meter hydraulic excavators and 100-tonne haulage trucks. In addition, the company has implemented advanced sorting technologies to recover commercial-grade clean coal from secondary rock and mineral byproducts, while executing comprehensive drainage upgrades, slope stabilization projects, and post-storm operational recovery programs to safeguard mining continuity and achieve annual raw coal extraction targets of approximately 2.5 million tonnes.