Q1 2024 Financial Statements Update as of 27/4: Major Enterprises Make Announcements, Many Enterprises Achieve Hundreds of Percent in Profit Growth, Novaland, Habeco… Report Losses

Some newly announced businesses had high growth in Q1 profit after tax such as Gelex increased by 168%, PV Drilling (PVD) increased by 241%, CII increased by 362%, SMC increased by 664%, ...

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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