Vinamilk sees quarterly record revenue in Q3
Vinamilk, Vietnam’s largest dairy maker, posted a quarterly record-high revenue of over 16.2 trillion VND (706.57 million USD) in the third quarter of 2021, up 4.1 percent year-on-year.
Vinamilk posts a quarterly record-high revenue of over 16.2 trillion VND (706.57 million USD) in the third quarter of 2021. (Photo: VNA)Its Q3 consolidated after-tax profit edged up 3.4 percent from a year earlier to over 2.96 trillion VND.
However, consolidated profit margin reached 42.9 percent, a slight decrease against the first half of the year, largely due to surging prices of input materials caused by global supply chain disruption and anti-dumping taxes imposed on some materials.
The company’s revenue from exports topped 1.55 trillion VND, equivalent to last year’s figure.
Its consolidated revenue and post-tax profit totalled nearly 45.18 trillion VND and 8.42 trillion VND, respectively, in the first nine months of this year, representing 73 – 75 percent of the yearly plan.
Vinamilk has been running a network of 17 dairy factories both in Vietnam and overseas, and 15 dairy farms with a total of close to 160,000 milch cows./.
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