Vietnam rubber giants report Q1 profit plunge
Vietnam Rubber Group, Phuoc Hoa Rubber, Dong Phu-Daknong Rubber and DakLak Rubber reported a plunge in after-tax profits in the first quarter of this year amid declining selling prices and output.
Vietnam Rubber Group, Phuoc Hoa Rubber, Dong Phu-Daknong Rubber and DakLak Rubber reported a plunge in after-tax profits in the first quarter of this year amid declining selling prices and output.
In the first day of trading on Ho Chi Minh City Stock Exchange on Tuesday, market capitalization of Vietnam Rubber Group fell by VND1,600 billion ($67.5 million).