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Company reports $16M profit-loss discrepancy due to outdated systems

Company reports $16M profit-loss discrepancy due to outdated systems

Phuong Anh International JSC, which originally reported profits of VND106 billion (US$4.2 million) in 2023 before actually losing nearly VND290 billion, has blamed outdated systems and inexperienced staff for this.
VNG expects $24M loss this year

VNG expects $24M loss this year

Vietnam Airlines Jan-Sept profit highest in five years

Vietnam Airlines Jan-Sept profit highest in five years

Sabeco makes $3.9 million a day from beer sales

Sabeco makes $3.9 million a day from beer sales

Vietnam's biggest brewer Sabeco reaped VND90 billion ($3.87 million) in revenue a day in January-September, a double-digit rise.
October 25, 2019 | 11:25 pm PT
Mobile World’s grocery chain reports rise in revenues

Mobile World’s grocery chain reports rise in revenues

Mobile World’s grocery chain Bach Hoa Xanh reported a 158 percent increase year-on-year in January-August revenues and a growing network of stores.
September 22, 2019 | 08:56 pm PT
Solar power firms see revenue surge in H1

Solar power firms see revenue surge in H1

Solar power firms in Vietnam connected to the national grid have reported robust first half results, with revenue doubling year-on-year.
August 13, 2019 | 05:34 am PT
Masan sees Q2 profits plunge 50 pct

Masan sees Q2 profits plunge 50 pct

Vietnamese food and agricultural giant Masan earned Q2 post-tax profit of VND1.19 trillion ($50.76 million), down 50.3 percent year-on year.
August 1, 2019 | 12:13 am PT
Vingroup posts fourfold H1 revenue rise from vehicles, smartphones

Vingroup posts fourfold H1 revenue rise from vehicles, smartphones

Vietnam's biggest private conglomerate Vingroup earned VND2.6 trillion ($112 million) from sales of electric bikes, cars and smartphones in H1 2019.
July 31, 2019 | 03:00 am PT
Vietnam’s biggest brewer reports surge in profits

Vietnam’s biggest brewer reports surge in profits

Sabeco reported second quarter post-tax profit of VND1.53 trillion ($66.03 million), the highest quarterly profit in three years.
July 29, 2019 | 08:48 pm PT
Ice cream lifts KIDO's profit amid otherwise gloomy scenario

Ice cream lifts KIDO's profit amid otherwise gloomy scenario

Ice cream sales lifted KIDO Group’s pretax profits in the first quarter threefold though overall revenues declined.
April 30, 2019 | 04:00 am PT
Vinhomes Q1 profit reaches $116 million

Vinhomes Q1 profit reaches $116 million

Real estate giant Vinhomes JSC recorded a net profit of VND2.69 trillion in the first quarter, according to its newly-released consolidated financial report.
April 23, 2019 | 08:08 pm PT
FPT profit up a whopping 30 pct

FPT profit up a whopping 30 pct

Vietnamese technology giant FPT has reported profit before tax of VND3.85 trillion ($165.95 million) in 2018, soaring 30 percent year-on-year.
January 31, 2019 | 01:04 am PT
ANZ Vietnam reports 75 pct fall in profit in H1

ANZ Vietnam reports 75 pct fall in profit in H1

ANZ Vietnam’s profits fell 75 percent in the first half of this year following the sale of its retail arm to Shinhan Bank.
September 19, 2018 | 08:21 pm PT
Petrolimex net profit hits six-year high

Petrolimex net profit hits six-year high

Vietnam’s state-owned oil importer and distributor Petrolimex, recorded a US $140 million net profit in 2015, the highest figure since 2010, according to the company’s consolidated financial report published on March 3. 
March 4, 2016 | 04:38 am PT
 
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