VIMC profits exceed $130 million for second year in a row

VIMC profits exceed $130 million for second year in a row

The two most important business targets of Vietnam Maritime Corporation (VIMC), revenue and profit, are expected to exceed the set plan for 2022.
Livestock groups report gloomy profit

Livestock groups report gloomy profit

Many livestock companies may fail to reach their profit targets for the whole year due to the low selling prices of pork and a surge in input costs.
Samsung Electronics forecasts 31.7% fall in Q3 profit

Samsung Electronics forecasts 31.7% fall in Q3 profit

Samsung Electronics expects operating profits in the third quarter to fall 31.7 percent, the South Korean tech giant said in a statement Friday, after a global economic downturn hit demand for consumer electronics.
Toyota upgrades forecast even as Q1 net profit slumps

Toyota upgrades forecast even as Q1 net profit slumps

Toyota upgraded its annual net profit forecast on Thursday, predicting an earnings boost from the weaker yen even after first-quarter net profit took a hit from pandemic-related supply chain issues.
VIB posts over $217 million profit

VIB posts over $217 million profit

Vietnam International Bank (VIB) recorded a profit before tax of over $217 million in the first half of 2022, up 27 per cent on-year.
Vietnam Railways returns to profit

Vietnam Railways returns to profit

After months of losses, state-owned railway giant Vietnam Railways (VNR) starts to expect a profitable year in 2022.
PAN Group achieves outstanding growth in Q1

PAN Group achieves outstanding growth in Q1

The PAN Group JSC made impressive growth in the first quarter, recording net revenue and profit after tax of around $128 million and $7 million respectively.
Samsung Electronics Q1 net profit up almost 60 percent

Samsung Electronics Q1 net profit up almost 60 percent

South Korean tech giant Samsung Electronics posted a near 60 percent rise in first-quarter net profits on Thursday, largely driven by steady memory chip demand and brisk smartphone sales.
Samsung forecasts Q1 operating profit up 50.3% year-on-year

Samsung forecasts Q1 operating profit up 50.3% year-on-year

Samsung Electronics expects operating profits for the first quarter to rise 50.3 percent, the South Korean tech giant said in a statement Thursday, despite global supply chain woes.
FPT aims for 20.2 per cent growth in profit

FPT aims for 20.2 per cent growth in profit

Vietnamese tech giant FPT is aiming for 19 per cent and 20.2 per cent increases in revenue and pre-tax profit respectively.
Masan Group profits increased sevenfold, the highest in its history

Masan Group profits increased sevenfold, the highest in its history

Masan Group Corporation, today announced its preliminary management and unaudited financial results for the fourth quarter and financial year 2021.
Profit growth setting up PVI Insurance for further gains

Profit growth setting up PVI Insurance for further gains

Despite mounting hardships, many businesses have weathered stormy times to post upbeat performance – and Vietnam’s most profitable non-life insurer, PVI Insurance, is a shining example.
Social resurgence pointing to auspicious outlook for SABECO’s profit margins

Social resurgence pointing to auspicious outlook for SABECO’s profit margins

The financial prospects for Saigon Beer-Alcohol-Beverage Company (SABECO) appear brighter as 2022 approaches, despite prolonged social distancing measures in Vietnam producing a difficult year for all.
Xiaomi posted strong revenues and profit growth in the second quarter of 2021

Xiaomi posted strong revenues and profit growth in the second quarter of 2021

Xiaomi Corporation, a consumer electronics and smart manufacturing company, has generated total revenues of $13.54 billion and adjusted net profits of $971.58 million in the second quarter of 2021, up 64 and 87.4 per cent on-year respectively.
Quy Nhon Port makes strong profit in H1 despite COVID-19

Quy Nhon Port makes strong profit in H1 despite COVID-19

Quy Nhon Port JSC handled over six million tonnes of goods in the first six months of 2021 while after-tax profit almost doubled to VND115 billion ($5 million).
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