Ba Na Hills operator posts double profit in H1

By Tat Dat   September 6, 2023 | 03:15 am PT
Ba Na Hills operator posts double profit in H1
The Golden Bridge at Ba Na Hills in Da Nang City. Photo by Sun Group
Banacab, the operator of Ba Na Hills tourism hotspot, recorded a post-tax profit of VND452 billion ($18.80 million) in the first half of this year, doubling year-on-year.

The Da Nang-based company recorded VND17.10 trillion of debt, with 38% coming from bonds.

It spent VND359 billion paying bond interests in the first half.

Ba Na Hills, which began operation in 2009, is known for having the world’s longest non-stop single-track cable car, at over 5,800 meters.

It is also the home of the Golden Bridge, a 150-meter-long pedestrian bridge designed to look like it is held by two giant hands.

A ticket to Ba Na Hills costs VND900,000 for an adult and VND750,000 for a child.

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