Tuesday, October 23, 2018 - 23:31:50

post tax profit

MobiFone suffers drop in profit and revenue

Business

MobiFone suffers drop in profit and revenue

MobiFone, one of Vietnam’s three largest mobile network operators, has reported a year-on-year decline of 42 percent in post-tax profit in the second quarter of this year, falling to 947 billion VND (41 million USD).

SCIC evaluates State capital divestment

Business

SCIC evaluates State capital divestment

Given the stock market’s recent lethargy, the State Capital Investment Corporation (SCIC) is assessing market demand to consider choosing the most efficient capital divestment options at State-owned enterprises (SOEs).

HDBank wins top US award for annual report

Business

HDBank wins top US award for annual report

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has won the Platinum Award, the highest recognition, at the 2017 Vision Awards Annual Report Competition organised by the League of American Communications Professionals.

Hoa Phat enjoys 27 percent profit growth in H1

Business

Hoa Phat enjoys 27 percent profit growth in H1

Hoa Phat has posted revenue and post-tax profit gains of nearly 27.6 trillion (over 1.19 billion USD) and over 4.4 trillion VND (190 million USD) in the first half of 2018, representing rises of 30 percent and 27 percent from the same period last year, respectively.

Forbes Vietnam honours top 50 listed firms

Business

Forbes Vietnam honours top 50 listed firms

Forbes Vietnam on July 26 organised a ceremony to honour Vietnam’s top 50 listed companies in 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges.

Fertiliser stocks shoot up due to VAT change

Business

Fertiliser stocks shoot up due to VAT change

Fertiliser stocks are surprising the market with many large names hitting the ceiling prices, mainly due to the Ministry of Finance’s decision to make fertiliser subject to VAT at the preferential rate of 5 percent.

PV Gas forecasts lower earnings for 2018

Business

PV Gas forecasts lower earnings for 2018

The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), is targeting 55.7 trillion VND (2.47 billion USD) in its total revenue and 6.43 trillion VND (283.2 million USD) in post-tax profit for 2018, heard the company’s annual shareholder meeting last week.

VTVCab cancels IPO after few investors show interest

Business

VTVCab cancels IPO after few investors show interest

The Vietnam Television Cable Corporation (VTVCab) will cancel its initial public offering (IPO) on April 17 as only one investor registered to attend the auction by the end of April 10, 2018 – the deadline for investors to sign up for the IPO.