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VIS - Earnings and share price improve under new management - Small Cap Research

We attended VIS’s management meeting at its Hung Yen headquarters. The company has improved earnings after the Thai Hung consolidation, sparking a surge in share price. Thai Hung investment has fuelled strong demand for VIS shares. Thai Hung is one of the largest steel trading companies in northern Vietnam, distributing products for many steel manufacturers, such as VIS, VN Steel, Posco, POMINA and TISCO.