Vinamilk rakes in 707 million USD profit in H1

The Vietnam Dairy Products Joint Stock Company (Vinamilk) has earned nearly 8.125 trillion VND (386.9 million USD) in net revue in the second quarter, up 14 percent from the same period last year.
The Vietnam Dairy Products Joint Stock Company (Vinamilk) has earned nearly 8.125 trillion VND (386.9 million USD) in net revue in the second quarter, up 14 percent from the same period last year.

In the first six months of the year, Vinamilk gained 14.85 trillion VND (707 million USD) in net revenue, up 14 percent year-on-year, of which 87 percent came from the domestic market, the company said.

After tax profits in both the second quarter and the first half jumped 22 percent to 1.822 trillion VND (86.8 million USD) and 3.347 trillion (159.4 million USD), respectively.

Vinamilk’s total assets have increased 6 percent to over 21 trillion VND (1 billion USD) since the beginning of this year.-VNA

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