For the first half of 2024, Ho Chi Minh City’s Construction Lottery revenue from ticket sales reached VND 5,376 billion.
The financial report for the first six months of 2024 from Ho Chi Minh City Construction Lottery Company (XSKT Ho Chi Minh City) recorded VND 5,474 billion in net revenue from sales and provision of services, an increase of VND 224 billion compared to the same period last year.
The main revenue of Ho Chi Minh City Construction Lottery comes from the issuance of traditional lottery tickets and scratch cards, reaching VND 5,376 billion. The remaining revenue comes from office rental and printing services. Thus, the company earns nearly VND 30 billion per day from lottery ticket sales.
After deducting operating expenses, in the first half of 2024, Ho Chi Minh City Construction Lottery earned a profit after tax of over VND 786 billion, an increase of VND 125 billion compared to the same period last year. This is considered the highest profit of the enterprise in decades.
As of the end of June 2024, Ho Chi Minh City Construction Lottery’s total assets reached VND 3,092 billion, of which cash and bank deposits were VND 1,110 billion.
Bamboo Capital (BCG) surpasses 4,000 billion VND in revenue, reduces debt by 5,500 billion VND by 2023
The amount of debt to be paid has been reduced by more than 5,498 billion VND as the Group has actively settled all borrowings in order to lessen the cost of interest and ensure financial stability for the business.
LandX Services reports a loss of 160 billion VND in 2023, cuts over 1,000 staff
In 2023, Dat Xanh Services incurred a net loss of 160 billion VND primarily due to a shortfall in real estate service revenue. Additionally, the company downsized its workforce by over 1,000 employees in the past year.
Tracodi (TCD) earns 163 billion VND profit in 2023
Throughout the year 2023, Tracodi achieved a consolidated net revenue of VND 1,784.5 billion and a post-tax profit of VND 163.3 billion.
Viglacera Reports First-Ever Loss
Viglacera, the construction equipment giant, reported a net loss of 48 billion VND in Q4/2023, due to declining revenues and high maintenance costs. This marks the first time the company has reported a loss since its inception.
