A host of companies recently released their Q3 2024 financial statements on October 16th, 2024:
Several hydropower companies, including Song Ha Ba, Se San 4A, Thuy Dien – Dien Luc 3, and Thuy Dien Nam Mu, reported significant decreases in profits for Q3 2024.
Vietnam Oil and Gas Low-Pressure Distribution Joint Stock Company (PGD) recorded a near VND 119 billion ($4.9 million) net profit in Q3 2024, triple the figure from the same period last year.
Thep Thu Duc – VNSTEEL (TDS) announced a 18% increase in revenue for Q3, amounting to VND 385 billion. However, the company incurred a pre-tax loss of nearly VND 7 billion, compared to a loss of VND 537 million in the same period last year. In the first nine months of the year, TDS recorded a loss of nearly VND 10 billion.
Hanoi Liquor and Beverage Joint Stock Company – Halico (UPCoM: HNR) released its Q3 2024 financial report, showing a slight increase in revenue to over VND 22 billion, a 3.4% rise year-on-year. The company reported a loss of nearly VND 5 billion, triple the loss from the previous year. In the first nine months of the year, Halico’s revenue reached nearly VND 80 billion, a 13% increase year-on-year, while the company lost nearly VND 7.5 billion.
Gia Phong Automobile Joint Stock Company (GGG) recorded no revenue and a loss of nearly VND 4 billion in Q3 2024. In the first nine months of the year, GGG’s revenue exceeded VND 5.3 billion, seven times higher than the same period last year, but the company incurred a loss of over VND 14 billion.
Power Investment Joint Stock Company 3 (PIC) reported a pre-tax loss of VND 838 million in Q3 2024. In the first nine months of the year, PIC’s pre-tax profit was VND 13 billion, a 50% decrease compared to the same period last year.
Nam Mu Hydropower Joint Stock Company (HJS) announced a 46% decrease in pre-tax profit for Q3 2024, amounting to VND 11 billion. The company’s pre-tax profit for the first nine months of the year decreased by 3%, reaching VND 50 billion.
Nam Ha Noi Housing and Urban Development Joint Stock Company (NHA) recorded a significant surge in revenue and profit for Q3 2024, with a near threefold increase in revenue to nearly VND 25 billion and a pre-tax profit of almost VND 15 billion, a massive 185-fold increase from the same period last year. In the first nine months of the year, NHA reported a pre-tax profit of VND 66 billion, a remarkable 5,244% increase year-on-year.
KIS Vietnam Securities witnessed a 27% decline in pre-tax profit for Q3 2024, amounting to VND 132 billion. However, in the first nine months of the year, the company’s pre-tax profit increased by 10% to VND 451 billion compared to the same period last year.
The companies that had released their Q3 2024 financial statements by October 16th, 2024, are listed below:
