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Profit halves for ex-Shark Tank panelist's company
The Infrastructure and Transport Construction Investment Joint Stock Company reported its after-tax profits fell by 47% year-on-year in the first half to VND26 billion ($1.07 million).
Honda posts 78% jump in Q1 operating profit
Japan's Honda Motor reported a 78% rise in quarterly profit on Wednesday, boosted by both increased sales, especially in the North American market, and a weaker yen.
Higher interest expenses, lending difficulties drag down banks’ income
Interest expenses skyrocketed for banks in the second quarter as rates soared, while lending difficulties slowed down interest income growth.
August 6, 2023 | 12:00 am PT
State-owned banks report biggest profits in H1
Three state-owned lenders Vietcombank, BIDV and Vietinbank have reported the highest profits for the first half of the year.
August 1, 2023 | 08:39 pm PT
Food producer KIDO posts biggest profit in 8 years
Food producer KIDO posted a pre-tax profit of VND727 billion ($30.75 million) in the first six months, up 71% year-on-year and the highest in eight years.
July 20, 2023 | 06:11 pm PT
Restaurant operator Golden Gate expects profit plunge
Golden Gate, the operator of Vietnamese restaurant chains Kichi Kichi, Gogi House and Manwah, has forecast a profit plunge of 75% to VND167 billion ($7.1 million) this year.
June 15, 2023 | 06:00 pm PT
Half of blue chips see falling profits
Fifteen of 30 blue chip companies in Vietnam posted a declining profits in the first quarter this year, a ratio that has doubled since the Covid-19 pandemic.
June 10, 2023 | 07:59 pm PT
Saigontourist back in the black
Tour operator Saigontourist made after-tax profits of VND294 billion (US$12.4 million) in 2022, after incurring losses for two years.
June 6, 2023 | 03:05 pm PT
Yeah1 on course to achieve 5-year high profits
Online entertainment company Yeah1 expects profits to grow by 20% this year and reach their highest levels in five years.
June 2, 2023 | 09:54 pm PT
Novaland profit to fall by 90% to smallest in 8 years
Property developer Novaland expects profits to fall by 90% this year to VND214 billion (US$9 million), the lowest since 2015.
May 31, 2023 | 11:14 pm PT
Stock exchange operator reports 56% profit growth
Vietnam Exchange, which manages the country’s two biggest stock markets, achieved profits of VND2.09 trillion (US$89.05 million) last year, up 56% from 2021.
May 21, 2023 | 08:55 pm PT
Vietnam Airlines posts profit in Q1
Vietnam Airlines posted a pre-tax profit of VND19.3 billion ($822,500) in the first quarter after losses in 12 consecutive quarters.
April 30, 2023 | 01:39 am PT
The Coffee House operator continues to rake up losses
Seedcom, which owns The Coffee House and fashion store chain June, has reported a 14.5% increase in losses to VND270 billion ($11.5 million) last year.
April 3, 2023 | 04:50 pm PT
Restaurant operator Golden Gate back in the black with record profit
Restaurant operator Golden Gate has reported record profits of VND659 billion (US$27.9 million) for 2022, making a spectacular turnaround after making losses of VND430 billion the previous year.
April 2, 2023 | 08:21 pm PT
VPBank eyes $1B profit
VPBank is expecting a pre-tax profit of VND24 trillion ($1.02 billion) this year, exceeding the $1 billion milestone for the first time since its establishment.
March 29, 2023 | 11:54 pm PT
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