Masan Group (HOSE: MSN) has announced its Q4/2023 financial results, reporting a net revenue of 78,252 billion VND for the full year, a 3% increase compared to the previous year. Additionally, the company recorded its highest-ever total assets.
In addition to the Tet bonus of 2 months' salary, approximately 2,000 employees of Song Hong Garment Corporation in Nghia Hung area (Nam Dinh) were also given 7cm thick compressed cotton mattresses. The image of workers receiving Tet gifts packed full in vehicles and taken home has been widely shared on social media in recent days.
The board of directors at MT Gas Joint Stock Company (UPCoM: MTG) announced that only 4.15 million shares were successfully sold through private placement, which is just under 52% of the initial plan. Furthermore, the process took longer than anticipated.
In the second half of 2023, the amount of capital raised from initial public offerings (IPOs) in Southeast Asia reached only $1.6 billion, a 63% decrease compared to the same period last year. There were 71 IPOs, a 21% decrease, according to analysis by Nikkei and US data provider Dealogic.
PV OIL (Ticker: OIL) - Vietnam Oil Corporation, reported unfavorable results in the fourth quarter of 2023. However, the company still achieved over 100 trillion VND in revenue for the whole year, exceeding the set profit targets.
Elcom Technology and Telecommunications JSC (stock symbol: ELC) reported a fourth-quarter net profit that was 28 times higher than the same period last year. This remarkable growth can be attributed to the successful execution of large-scale projects and contracts, as well as significant gains from financial investments. By surpassing its profit target by 38% for the year 2023, ELC has proven itself as a leading player in the industry.
Investment Corporation Van Phu - INVEST (HOSE: VPI) has successfully raised VND 650 billion from its public bond issuance, an achievement that is particularly noteworthy in the current real estate market where only a few companies are able to carry out public offerings. The report has been sent to the State Securities Commission.
VNG Corporation (UPCoM: VNZ) failed to achieve its goal of reducing its annual loss to below 400 billion VND due to a net loss of 230 billion in the fourth quarter of 2023. However, this loss figure also indicates a significant improvement compared to the same period last year.
Ending the year 2023, Kinh Bac City recorded a net profit of nearly 2,000 billion VND, an increase of 31% compared to the previous year. This also marks the highest profit year since the listing of the company's stock on the stock exchange in 2007.
Saigon General Service Joint Stock Company (Savico, HOSE: SVC) is set to spend over VND 33.3 billion on an advance dividend for the year 2023. Two major shareholders owning a total of 94.87% of the capital are expected to benefit greatly.
