Business News Briefing

Anh Duong Vietnam Corp announced its first quarter revenue of VND 871 billion, an increase of 17 percent with gross profit of VND 79 billion, an increase of 65 percent compared to the same period last year.

Southern Industrial Rubber Corp announced the company’s first quarter net profit at VND 101billion, an increase of 9.3 percent compared to the same period last year. The company completed 33 percent of its profit plan this year.

CEO of Vietnam Golf Tourism Corp (VNG) and UDEC announced that UDEC sold 6.63 million shares at 51 percent of VNG capital starting on April 22. They aim to withdraw their capital.

Kinh Bac Urban Development Corp (KBC) announced that Nguyen Thi Kim Thanh, wife of CEO Dang Thanh Tam registered to sell two million shares in one month starting on April 23. She aims to decrease ownership ratio 3.47 percent down. Tam currently has 34.94 percent of chartered capital.

Kinh Do Corp (KDC) announced to post 6.5 million shares for internal staff in April. Each share costs VND 18,000.

Hoa Binh Rubber Corp (HRC) first quarter revenue reached VND 45.6 billion, a decrease of 44 percent compared to last year. The company’s gross profit for the quarter reached VND 19.7billion, a 16-fold increase compared to last year.

Safoco Food Corp (SAF) first quarter revenue reached VND 163.1billion, a slight decrease compared to the same period last year. The company’s net profit reached VND 6 billion, an increase of 5.3 percent compared to last year.

SAF reached VMD 122.4 billion of total property in the first quarter.

Khanh Hoa Plastic Cable Corp (VKC) announced their new member, Le Tham Vinh, in the board of directors. Vinh registered to buy 1.3 million shares in order to increase ownership ratio.

Source: ĐTTC – Translated by Mai Quyen

Other news

Most view

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

185 leading domestic & in't enterprises join in VN ETE 2018

The Vietnam Exhibition of Electrical Technology and Equipment (Vietnam ETE 2018) and the Exhibition of Products, Technologies for Energy Saving and Green Power (ENERTEC EXPO 2018) yesterday kicked off in HCMC’s Saigon Exhibition Convention Center in district 7.

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.