Recently, a number of companies have released their Q4/2024 financial statements:
VNG Corporation (stock code: VNZ) has released its Q4/2024 consolidated financial statements, reporting a slight increase in revenue to VND 2,613 billion. Gross profit rose to VND 982 billion, a more than 30% increase compared to the same period last year. However, due to provisions for losses on investments in associated companies and provisions for asset impairment, VNG recorded an after-tax loss of over VND 421 billion.
For the full year, VNG narrowed its after-tax loss from VND 2,317 billion in 2023 to VND 1,018 billion. This marks the third consecutive year that the company has recorded an after-tax loss of over VND 1,000 billion.
Vicostone (VCS) reported a 21% decrease in pre-tax profit for Q4, amounting to VND 223 billion. For the full year, their pre-tax profit was VND 953 billion, a 5% decrease compared to 2023.
Cao su Phuoc Hoa (PHR) announced a 46% increase in pre-tax profit for Q4, reaching VND 268 billion. Their pre-tax profit for the full year was VND 556 billion, a 30% decrease compared to the previous year.
DNP Holding (DNP) recorded a significant increase in profit, with their Q4 pre-tax profit reaching over VND 60 billion, a 172-fold increase compared to the same period last year. Their after-tax profit was VND 69 billion, 33 times higher than the previous year. For the full year, DNP Holding’s after-tax profit was nearly VND 193 billion, a 51% increase compared to 2023.
Digiworld (DGW) reported a 21% increase in net revenue for Q4, amounting to VND 5,859 billion. Their after-tax profit for the quarter was VND 146 billion, a 62% increase year-over-year. For the full year, Digiworld’s after-tax profit was nearly VND 449 billion, a 24% increase compared to 2023.
The following is a list of companies that have released their Q4/2024 financial statements, organized by industry:
The Magic of Words: Unveiling the Art of Profitable Writing
Unleash the Power of Persuasion: Crafting Words that Captivate and Convert
“A Construction Materials Company Reports a 172-fold Increase in Pre-tax Profit for Q4 2024: Unlocking the Secrets of Their Success”
VNG has incurred losses exceeding 1 trillion VND for three consecutive years. In contrast, DNP Holding recorded a cumulative after-tax profit of nearly 193 billion VND for the full year, a 51% increase compared to 2023.
The Power of Persuasion: How Lê Hồng Minh’s Leadership at VNG Sent Stocks Soaring
“Tech unicorn” VNG confirmed that Le Hong Minh remains the CEO and legal representative of the company. In other news, VNZ stock soared for the second consecutive session, with the tech stock surging nearly 30%.
“VNG Corporation Confirms Le Hong Minh as CEO”
VNG Corporation has not received any resignation letter from Mr. Le Hong Minh, according to sources.
The Selling Pressure Mounts, Stocks Plunge
The market continues to adjust amidst pressure from large-cap stocks. The selling pressure intensified during the afternoon session, resulting in a 150% surge in trading volume compared to the morning. Notable activities were observed in the food sector.
