VCS [NOT RATED] - Earnings growth to continue as housing markets recover - Company Visit Note
  • 2021-05-12T16:56:14
  • Company Research
Vicostone JSC (HOSE: VCS) is the third largest supplier of engineered quartz in the world with its total capacity of 3.5 million sqm p.a. The company’s brand has been registered for protection in 67 countries and has a distribution system of 10,000 distributors in 50 countries. Q1 2021 NPAT-MI grew 22% YoY as both global home construction and improvement recovered following the beginning of the COVID-19 pandemic in H1 2020.