$386.9 million profit for Vinamilk during first half

Wednesday, Jul 24, 2013 08:31

In the first six months of the year, Vinamilk gained VND14.85 trillion ($707 million) in net revenue, up 14 per cent year-on-year, of which 87 per cent came from the domestic market.—Photo eva
HA NOI (Biz Hub)— The Viet Nam Dairy Products Joint Stock Company (Vinamilk) has recently announced its second quarter business results of nearly VND8.125 trillion (US$386.9 million) in net revenue, up 14 per cent from the same period last year.

In the first six months of the year, Vinamilk gained VND14.85 trillion ($707 million) in net revenue, up 14 per cent year-on-year, of which 87 per cent came from the domestic market, the company said.

After tax profits in both Q2 and H1 jumped 22 per cent to VND1.822 trillion ($86.8 million) and VND3.347 trillion ($159.4 million) respectively.

Vinamilk's total assets have increased 6 per cent to over VND21 trillion ($1 billion) since the beginning of this year. — VNS


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