A host of companies have released their third-quarter financial statements for 2024 on October 16th:
A string of hydropower companies, including Song Ha Ba, Se San 4A, Thuy Dien – Dien Luc 3, and Thuy Dien Nam Mu, reported sharp declines in profits for the third quarter of 2024.
Vietnam Oil and Gas Low-Pressure Distribution Joint Stock Company (PGD) garnered nearly VND 119 billion in pre-tax profit in the third quarter of 2024, triple the figure from the same period last year.
Vietnam Steel Corporation – VNSTEEL (TDS) announced a 18% year-on-year increase in net revenue for the third quarter, reaching 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. For 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 third-quarter financial statements, showing a slight increase in net revenue to over VND 22 billion, a 3.4% year-on-year rise. The company reported a loss of nearly VND 5 billion, triple the loss from the previous year. In the first nine months of 2024, Halico’s net revenue reached nearly VND 80 billion, a 13% increase year-on-year, while the company’s loss amounted to nearly VND 7.5 billion.
Gia Phong Automobile Joint Stock Company (GGG) recorded no revenue and a loss of nearly VND 4 billion in the third quarter of 2024. For the first nine months, GGG’s net revenue stood at over VND 5.3 billion, a sevenfold increase year-on-year, while the company’s loss exceeded VND 14 billion.
Power Investment Joint Stock Company 3 (PIC) reported a pre-tax loss of VND 838 million in the third quarter of 2024. For the first nine months of the year, PIC’s pre-tax profit stood at VND 13 billion, representing a 50% decrease compared to the same period last year.
Nam Mu Hydropower Joint Stock Company (HJS) saw a 46% decline in its third-quarter pre-tax profit to VND 11 billion. For the first nine months, the company’s pre-tax profit decreased by 3%, reaching VND 50 billion.
Nam Ha Noi Housing and Urban Development Joint Stock Company (NHA) announced a significant surge in net revenue for the third quarter, reaching nearly VND 25 billion, triple the figure from the same period last year. The company’s pre-tax profit was nearly VND 15 billion, an astonishing 185-fold increase from the VND 81 million recorded in the third quarter of the previous year. For the first nine months of 2024, NHA reported a pre-tax profit of VND 66 billion, reflecting a remarkable 5,244% year-on-year increase.
KIS Vietnam Securities witnessed a 27% decline in pre-tax profit for the third quarter, amounting to VND 132 billion. However, for the first nine months, the company’s pre-tax profit reached VND 451 billion, a 10% increase compared to the same period last year.
The list of companies that have released their third-quarter financial statements for 2024 as of October 16th can be found below:
