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Masan: Confident to Achieve 2024 Profit Plan of $86 Million
In Q3 2024, Masan reported a staggering 701 billion VND in profit, an astonishing nearly 14-fold increase compared to the same period last year, and surpassing its quarterly profit plan by 130% in the base-case scenario. The company is now focused on the final quarter, aiming to get closer to its ambitious 2,000 billion VND profit goal for the year.
“Soaring Provisioning Costs, Yet BVBank’s 9-Month Pretax Profit Triples Year-on-Year”
The consolidated financial statements show that despite increasing provisions for risk, BVBank (BVB on UPCoM) reported a remarkable pre-tax profit of nearly VND 182 billion for the first nine months, almost triple that of the same period last year. This impressive performance is attributed to a significant increase in core income from lending activities, showcasing the bank's resilience and strong positioning in the market.
The Gem Riverside Reality: DXG Cancels All Purchase Contracts After Prices Double
Although Gem Riverside, a project by DXG, had received bookings from customers as far back as 2018, the development remains stagnant and covered in overgrown grass today, with no signs of restarting anytime soon.
