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Honda posts 78% jump in Q1 operating profit

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

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

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 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

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

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

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

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

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

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 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

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 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 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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