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Gilimex profits plummet as Amazon slashes orders

Gilimex profits plummet as Amazon slashes orders

Garment manufacturer Gilimex’s profits plunged 92% year-on-year in the last quarter to VND10 billion ($426,000) as e-commerce giant Amazon canceled most of its orders.
Cement producer Vicem profits down to record low

Cement producer Vicem profits down to record low

Cement producer Vicem reported its lowest ever profits of VND1.53 trillion (US$63.9 million) last year as costs surged.
January 8, 2023 | 08:24 pm PT
Vinachem profits soar 2.8-fold

Vinachem profits soar 2.8-fold

State-owned chemical manufacturer Vinachem saw profits surge by 2.8 times last year to VND6.02 trillion (US$256.50 million) thanks to high fertilizer prices.
January 8, 2023 | 08:16 pm PT
Shipping firm Hai An set for biggest ever profit

Shipping firm Hai An set for biggest ever profit

Hai An Transport and Stevedoring Joint Stock Company expects to report profits of VND835 billion (US$34.8 million) this year, its highest ever, mainly due to higher freight rates.
December 13, 2022 | 06:32 pm PT
Mobile World profit to decline: chairman

Mobile World profit to decline: chairman

Retail conglomerate Mobile World’s profit is set to decline by 10% this year to VND4.4 trillion ($177.63 million) due to sluggish demand caused by global problems.
November 27, 2022 | 06:30 pm PT
Fertilizer makers posts surging profit as prices climb

Fertilizer makers posts surging profit as prices climb

Fertilizer producers posted double-digit growth in post-tax profit in the first nine months, exceeding this year’s target, as retail prices went up double-digit.
November 4, 2022 | 12:01 am PT
Vietravel reports profits again after 2 quarters of losses

Vietravel reports profits again after 2 quarters of losses

Tourism company Vietravel was back in the black in the third quarter with profits of nearly VND7 billion ($282,000) after incurring losses for two straight quarters.
November 2, 2022 | 08:22 pm PT
Seafood processor sees revenues, profits slump

Seafood processor sees revenues, profits slump

Vinh Hoan Corporation, a leading catfish exporter, reported steep falls in revenues to VND3.26 trillion (US$135.8 million) and after-tax profits to nearly VND460 billion for the third quarter.
October 22, 2022 | 01:08 am PT
Airline catering company snaps 9-quarter losing streak

Airline catering company snaps 9-quarter losing streak

Noibai Catering Services (NCS) reported a net profit of over VND8.5 billion (US$354,000) for the third quarter, ending a nine-quarter streak of losses.
October 20, 2022 | 11:08 pm PT
FPT posts 28% profit growth in nine months

FPT posts 28% profit growth in nine months

Tech giant FPT saw its post-tax profit in the first nine months surge 28.3% year-on-year to VND4.86 trillion ($198.21 million).
October 20, 2022 | 02:10 am PT
State firms had mixed profitability record in 2021: report

State firms had mixed profitability record in 2021: report

State-owned enterprises reported mixed results last year, with some making millions of dollars in profits and others suffering similar losses, according to a government report.
October 13, 2022 | 10:44 pm PT
Rubber industry faces uncertain profit prospect

Rubber industry faces uncertain profit prospect

Rubber companies in Vietnam are facing a cloudy profit prospect for the remaining months as global demand falls and input costs surge.
September 26, 2022 | 06:56 pm PT
Saigon zoo records triple profit

Saigon zoo records triple profit

The Saigon Zoo and Botanical Gardens, Vietnam's largest, has generated double revenue and triple profit in the first half this year compared to the full 2021.
September 4, 2022 | 12:38 am PT
Southern lottery firms post double-digit profit growth

Southern lottery firms post double-digit profit growth

Lottery firms in the south saw profit surge 20-40% year-on-year in the first six months thanks to robust recovery from last year’s Covid-19 difficulties.
September 2, 2022 | 01:10 am PT
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