Emerging businesses release their financial reports for Q1 2024
ACV reports a Q1 pre-tax profit of VND 3,629 billion, up 79% year-on-year.
Masan Consumer (MCH) generates a pre-tax profit of VND 1,887 billion, representing a 20% increase.
In Q1 2024, Dat Xanh Services (DXS) reports a 62% revenue rise to VND 534 billion, resulting in a pre-tax profit of VND 71.5 billion, in contrast to a loss of nearly VND 40 billion in Q1 2023.
LDG‘s real estate sales revenue in Q1 exceeds VND 10 billion, but returned sales of over VND 140 billion lead to a negative net revenue of over VND 130 billion and a pre-tax loss of VND 126 billion.
Despite revenue growth, a sharp decline in financial revenue leads to Novaland (NVL) reporting a pre-tax loss of VND 214 billion and an after-tax loss of VND 600 billion.
With increasing costs, Habeco (BHN) reports a pre-tax loss of VND 13 billion.
Driven by cost reduction, particularly in financial expenses, Gelex (GEX) reports a pre-tax profit of VND 385 billion, up 168%.
Other businesses with high Q1 pre-tax profit growth include PV Drilling (PVD) at 241%, CII at 362%, SMC at 664%,…
Among the banks that have recently released their financial statements, Eximbank (EIB) reports a 24% decrease in pre-tax profit to VND 661 billion.
Businesses that have released their Q1 2024 financial reports, categorized by industry