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Tag
loss
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Garment giant in worker purge says more it produces, higher the losses
Garmex Saigon Corporation, which recently laid off 1,945 workers, told the Ho Chi Minh Securities Exchange its losses have been increasing in direct proportion to output.
Novotel Saigon Centre Hotel owner reports biggest ever loss
Thien Phuc International Hotel Company, which owns the four-star Novotel Saigon Centre Hotel in HCMC, has reported its biggest ever half-yearly loss of VND369.6 billion (US$15.4 million).
Casino reports losses for 15th straight quarter
Royal International Corp., which owns Vietnam’s biggest casino in northern Quang Ninh Province, reported losses of VND24 billion (US$1 million) for the second quarter, its 15th in a row.
July 30, 2023 | 07:02 pm PT
WinMart's loss triples in 2022
WinCommerce, the operator of WinMart retail chain, saw its loss tripling from 2021 to VND445 billion ($18.97 million) last year.
April 17, 2023 | 12:21 am PT
Casper reports loss on soaring sales support expenses
Thai-owned consumer electronics company Casper reported a loss of nearly VND467 billion ($19.8 million) for last year after being in the black in 2021.
April 10, 2023 | 06:22 pm PT
Education firm Apax Holdings reports record loss
Education firm Apax Holdings posted its biggest ever loss of VND81.3 billion (US$3.4 million) in 2022 as costs skyrocketed, mainly due to surging loan interest.
February 16, 2023 | 06:45 pm PT
Gasoline distributors demand changes to price mechanism
Fuel retailers are worried about defaulting on loans or going bankrupt since they get no commissions, while wholesalers complain about losses due to foreign exchange rate fluctuations.
February 15, 2023 | 08:44 pm PT
Vietnam Airlines once again threatened with delisting
The Ho Chi Minh Stock Exchange (HoSE) may delist HVN shares of Vietnam Airlines if it reports a loss in its consolidated financial report for 2022.
February 2, 2023 | 02:32 am PT
Fuel supplier Nam Song Hau reports first losses in 6 years
Nam Song Hau, a gasoline and diesel wholesale distribution company, has reported after-tax losses of nearly VND200 billion ($8.47 million) for last year.
February 1, 2023 | 11:18 pm PT
Vietnam Electricity reports losses of $635 mln
Vietnam Electricity (EVN) posted losses of VND15.758 trillion ($635.4 million) between January and October, with higher fuel prices a major contributing factor.
November 28, 2022 | 07:34 pm PT
Bamboo Airways’ 9-month loss exceeds last year’s total
Bamboo Airways posted a loss of VND3.54 trillion ($142.38 million) in the first nine months, exceeding the total loss it recorded last year by 54%.
November 1, 2022 | 01:27 am PT
Steelmaker Hoa Phat in the red after 13 years
Leading steelmaker Hoa Phat made a loss of VND1.79 trillion ($73 million) in the third quarter, its first quarterly loss in 13 years.
October 28, 2022 | 07:44 pm PT
Mekong Delta gas stations ask to shut down on losses
Many gas stations in the Mekong Delta want to close down after suffering losses for a long period of time.
October 26, 2022 | 07:52 pm PT
Pomina Steel's losses, debt worry auditor
The audited earnings report of Pomina Steel questions the firm’s ability to keep its operations going as it struggles with debts and losses.
September 2, 2022 | 03:55 am PT
Highlands Coffee posts first loss in 8 years
Highlands Coffee chain lost VND19 billion ($812,069) last year, its first loss since 2014, VnExpress has learned.
August 12, 2022 | 10:30 pm PT
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