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Banks’ profits forecast to decline by 19 percent in Q3

Banks’ profits forecast to decline by 19 percent in Q3

Profits of the banking industry in the third quarter would decrease by 19 percent compared to the previous quarter due to slowing credit growth and increasing provision expenses, Yuanta Securities Vietnam estimated.

Masan share price forecast to rise almost 30% on projected stronger sales

Masan share price forecast to rise almost 30% on projected stronger sales

Major securities firms have recommended a BUY for Masan while giving positive forecasts on the Vietnamese conglomerate 's business results.

09/07/2021 - 15:24
PetroVietnam’s 1H pretax profit triples to VND21.3 trillion on higher oil ...

State energy firm PetroVietnam reported VND21.3 trillion ($927 million) pretax profit in the first 6 months of 2021, three times higher than the same period of last year.

28/06/2021 - 11:59
Mobile World’s five-month net profit rises 26% despite pandemic

Mobile World Group (HoSE: MWG) reported Jan.-May net profit after tax at VND2,172 billion ($92 million) on VND51,830 billion ($2.24 billion) revenue, up 26% and 9% respectively.

21/06/2021 - 16:49
Vietnam’s leading jewelry firm’s five-month after-tax profit jumps nearly ...

Despite COVID-19 pandemic hit the economy, Phu Nhuan Jewelry (HoSE: PNJ) has reported Jan-May post-tax profit at VND685 billion ($29.8 million), up 90.6% from a year ago, according to company statement.

20/05/2021 - 10:20
Phu Nhuan Jewelry's 4-month net income jumps over 95%

Vietnam’s leading jewelry retailer reported Jan.-April net income at VND598 billion ($26 million), representing 48.6 percent of the 2021 whole-year goal, according to the company’s statement.

10/05/2021 - 10:14
PetroVietnam’s Jan-April profit reported at $669 mln, completing 94% whole-year ...

Vietnam Oil & Gas Group, known as PetroVietnam, reported VND15,400 billion ($669 million) pre-tax profit in the first four months of this year.

23/04/2021 - 11:13
Phu Nhuan Jewelry’s 1Q after-tax profit at $22.2 mln, up 26%

Phu Nhuan Jewelery, the largest jewelry retailer in Vietnam, reported 1Q after-tax profit at VND513 billion ($22.2 million), up 26% from a year earlier, according to the company’s consolidated earning report.

01/02/2021 - 13:25
Vinhomes profits jump by 25 pct

Real estate giant Vinhomes reported a pre-tax profit of VND37 trillion ($1.6 billion) for 2020, up 25 percent from the previous year.

01/02/2021 - 11:16
Masan’s 2020 net revenue doubles to $3.36 billion

Masan reported 2020 revenue at VND77,218 billion ($3.36 billion), up 107 percent from 2019, thanks to strong growth in branded consumer and meat businesses and the consolidation of newly acquired segments.

21/01/2021 - 16:18
Vietcombank’s 2020 after-tax profit slightly reduces to $802 mln

Vietcombank (HoSE: VCB) has reported 2020 after-tax profit at VND18,446 billion ($802 million) vs VND18,510 billion ($806 million) achieved in 2019, according lender’s earning statement.

21/01/2021 - 08:50
HSC reports 2020 after-tax profit at $23 mln, up 23% from 2019

Ho Chi Minh City Securities Corp. reported 2020 after-tax profit at VND530 billion ($23 million), up 23 percent year-on-year, beating target by 17 percent, the company said in a statement.

07/01/2021 - 09:45
BIDV reports 2020 pre-tax profit at nearly $390 mln, beating assigned ...

Joint Stock Commercial Bank for Investment and Development of Vietnam reported VND9,017 billion ($389.6 million) pre-tax profit in 2020 despite pandemic, the lender said in a statement posted on its website.

09/11/2020 - 10:26
Samsung Electronics reports H1 profit at $1.8 billion from Vietnam ...

South Korean tech giant Samsung Electronics reported $1.8 billion profit from business of it four plants in Vietnam during the first half of this year, according to Q2 consolidated financial statement.

02/11/2020 - 12:18
Masan’s nine-month net revenue more than doubles to $2.4bln

Vietnamese conglomerate reported 9-month net revenue at VND55,618 billion ($2.4 billion), up nearly 111 percent from a year earlier.

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