Habeco''s leaders attributed the negative profits to a decrease in financial revenue caused by lower deposit interest rates, resulting in a 16 per cent decline to nearly VNĐ38 billion.
The Hà Nội Beer-Alcohol-Beverage JSC (Habeco) has forecast its post-tax profit will fall 36 per cent year-on-year to VNĐ310 billion (US$13.3 million) in 2019, the lowest in 10 years.
The brewer will also contribute above VND5 trillion ($215 million) to the State budget, Habeco’s General Director Ngo Que Lam said at the conference to review the company’s performance in 2018 and outline tasks for 2019 in Ha Noi this...
Ha Noi Beer-Alcohol-Beverage Joint Stock Corporation (Habeco) will launch the new identity for Truc Bach Beer as part of its brand strategy to renew the look of its products.
Deputy Prime Minister Vuong Dinh Hue has asked the State audit agency to review the investigation conclusions concerning tax liabilities of two corporations amounting up to VND4.35 trillion (US$191 million).
To this end, the company plans to draw up appropriate measures to balance production and consumption and avoid inventory, besides improving the quality of its products and developing new products.
Ha Noi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) targets total revenue of over VND8.8 trillion (US$390 million) in 2017, up 9.1 per cent year-on-year.
Ha Noi Beer Alcohol and Beverage Joint Stock Corporation (Habeco) will start trading with code BHN on the HCM Stock Exchange (HOSE) on January 19, the southern bourse announced on Wednesday.
Beverage companies seek to delay until the beginning of 2017 the
application of amended regulations on calculating their special
consumption tax, claiming they need more time to adjust their production
plans.
Ha Noi Beer, Alcohol and Beverage Corporation (Habeco) held a
ribbon-cutting ceremony for Ha Noi-Quang Tri beer factory at Quan Ngang
Industrial Zone on December 14.
Beer production in the first four months of 2014 reached 873.5 million
litres, 4.5 per cent higher than the same period last year, reported the
Ministry of Industry and Trade.
The Ha Noi Beer, Alcohol and Beverage Joint Stock Corporation on Sunday
inaugurated its brewery factory in northern Thai Binh Province''s Song
Tra Industrial Zone.
The Viet Nam Association of Financial Investors (VAFI) has advised the
Government and the National Assembly to sell additional stakes in
well-performing State enterprises and to offload more high-street real
estate in order to immediately raise the State budget.
Local beer and beverage products will face fierce competition if the
country does away with the import tax for beer and beverage products
this year, which it must do in order to join the Trans Pacific
Partnership.