My Chau Printing and Packaging (MCP): profit equals 40 percent of annual plan in 9 months
Wednesday, October 31,2018
AsemconnectVietnam - My Chau Printing and Packaging Joint Stock Company (MCP) achieved VND77.5 billion revenue in the third quarter of 2018, down 5.7 percent compared with the same period last year.
As depreciation expense increased, labor and material costs increased (due to exchange rate increase), the profit in 9 mnths was just over VND1.8 billion, down 64 percent.
In the first 9 months of 2018, MCP's revenue reached VND241.7 billion, down 4.5 percent; Profit after tax was VND10.5 billion, down 36 percent over the same period of 2017. With this result, the company completed 56 percent and 40 percent of revenue and profit plan respectively.
N.Nga
Source: Securities Investment Review N.Nga
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