VinaPhone targets US$61.6 million pre-tax profit
Saturday, April 14,2018
AsemconnectVietnam - National mobile network operator VinaPhone targets a pre-tax profit of VND1.4 trillion (US$61.6 million) in 2018, a year-on-year increase of 6.7%.
As a wholly-owned subsidiary of Vietnam Posts and Telecommunications Group (VNPT), VinaPhone was established for the main business of telecommunication products and services, namely information technology and broadcasting services.
Its development plan for 2017-2020 period targets a total revenue of more than VND183.84 trillion (US$8 billion) and profit of nearly VND5.9 trillion (US$260 million), equivalent to a growth of 8% and 10% per year, respectively.
In terms of business results of 2017, VinaPhone recorded over VND39.8 trillion in sales and services and over VND1.3 trillion in pre-tax profit. In addition to this, VinaPhone has contributed approximately VND1.22 trillion to the State budget.
Last year, the corporation hit 34 million telephone subscribers, including 3.1 million fixed-line subscribers and 31.1 million mobile subscribers, besides 4.6 million internet subscribers.
VinaPhone’s total investment last year was VND646.5 billion.
Source: Vov.vn
Vietnamese internet startup VNG files for IPO in US
Petrovietnam rolls out various growth solutions for H2
Vietnam Airlines obtains security certification of PCI DSS Compliance Level 2
Thai group eyes investment projects in Thanh Hoa
Algerian firm seek partnership with Vietnamese peers
HDBank focuses on a sustainable development strategy, steadfastly pursuing business goals in 2023
Bac Lieu Seafood (BLF) earned profits after 5 consecutive quarters of losses
Vietcap tobe honored as the best investment bank in Vietnam
Hoa Phat (HPG) sold 3.46 million tons of steel products, down 23% in the first 7 months of 2023
SHB reached VND6,073 billion accumulated pre-tax profit in the first 6 months of 2023
PV Power (POW): Revenue increased 12% to VND18,604 billion in the first 7 months of 2023
Ton Dong A earned VND209.8 billion profit before tax in the first half of 2023
Rang Dong Light Source & Vacuum Flask JSC (RAL): Profit increased by 24% in Q2/2023
Song Hong Garment (MSH) increased revenue, trying to keep orders in Q2/2023
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...
