Business Results Q4/2023 as of 31/1: Vingroup, Masan, Vietcombank, Vietjet… hundreds of companies announce in the last minute, many surprising outcomes

The largest capitalized businesses have released their reports.

0
100

Newly announced financial statements for Q4/2023 on January 31:

Vingroup Corporation (stock code: VIC) has just released its financial statements for Q4/2023. Accordingly, the total revenue for the whole year of 2023 reached 161,634 billion VND, an increase of 59% compared to the previous year. Vingroup’s pre-tax profit in 2023 reached 13,681 billion VND, and its after-tax profit reached 2,051 billion VND.

Vietcombank continues to be the industry leader in pre-tax profit with an estimated profit of over 41,000 billion VND.

Vietcombank, BIDV, VietinBank, MB have pre-tax profits in 2023 over 1 billion USD.

Vinamilk recorded a Q4 net profit of 2,852 billion VND, an increase of 24%, and a cumulative net profit for the whole year, VNM’s pre-tax profit was nearly 11,000 billion VND, an increase of 5% compared to the same period.

Novaland reported a 240% increase in Q4 net profit, and HAGL reported a 410% increase in Q4 net profit.

Pomina and SMC incurred losses of 314 billion VND and 329 billion VND respectively in Q4, and accumulated losses for the year 2023 were 961 billion VND and 913 billion VND.

Vietjet’s 2023 business results report recorded revenue of 53.6 trillion VND (standalone) and 62.5 trillion VND (consolidated), an increase of 62% and 56% respectively compared to 2022. The after-tax profits for the standalone and consolidated for the year 2023 were 697 billion VND and 344 billion VND respectively.

Financial statements announced for Q4/2023 until January 31:

SOURCEcafef
Previous articleSaigon Co.op ventures into TikTok for AI-powered sales.
Next articleNew CEO for International Dairy Products (IDP): Formerly built the reputation of Kotex in Vietnam, Advisor of NutiFood