Vinatex’s profit after tax down in Q1
Monday, May 8,2017AsemconnectVietnam - Viet Nam National Textile and Garment Group (Vinatex) recorded after-tax profit of VND126.3 billion (US$5.6 million) in the first quarter of this year, down 11.62 per cent year-on-year.
Vinatex said the lower profit was because the group’s northern and southern textile and garment corporations had put some companies into operation since June last year, such as Nam Dinh Textile Company, Phu Cuong Fibre Factory, Can Tho Garment Factory, Bac Lieu Garment Factory and Quang Binh Garment Factory.
Until the end of Q1, these factories were incurring losses, affecting the business results of the whole group.
In 2016, Vinatex achieved over VND600 billion of after-tax profit, growing up 13 per cent compared to the previous year.
This year, the group targeted a rise of 12 per cent in export revenue, 15 per cent in industrial production and six per cent in profits.
Source: Bizhub.vn
GC Food (GCF) target VND523 billion revenue in 2023
Mobile World (MWG): Revenue of Mobile World and Dien May Xanh chains down 32% in the first 2 months of 2023
SHS Securities reported a profit of VND197.2 billion in 2022 after the audit
IDI Multinational Development and Investment (IDI): Profit expected down 66.7% to VND186 billion in 2023
International Bank (VIB) spends over VND1,000 billion to pay the remaining dividend in 2022
Business activities of seafood companies in March 2023
Eximbank (EIB) target VND5,000 billion profit, up 34% in 2023
Business activities of banks in March 2023
Saigon Newport announced Tan Cang - Long Binh dry port and Organized the Customer Appreciation Conference in Dong Nai
VIB General Meeting of Shareholders: Approved the plan to pay 35% dividend, profit VND12,200 billion
In 2023, Refrigeration Electrical Engineering (REE) plans to increase profit slightly by 0.3% to VND 2,700 billion
PVOIL (OIL): Outstanding output growth in 2022
Sudico AGM (SJS): Growth target in 2023 from 10-15% of revenue
In 2023, Hoang Huy Investment Services (HHS) expects profit up and dividend of 8%
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...