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.
State capital at the two brewers, Sai Gon Alcohol-Beer-Beverage JSC and Ha Noi Alcohol-Beer-Beverage JSC, may soon be transferred to the State Capital Investment Corporation.
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.
Shares of many big enterprises have become hot picks in recent days on the Over-The-Counter (OTC) market as investors place bigger bets on pre-listing companies to be next superstars on the Unlisted Public Company Market (UPCoM).
The Ministry of Industry and Trade has not yet completed talks to sell its ownership in the Ha Noi Beer, Alcohol and Beverage Corporation (Habeco) to the Danish brewer Carlsberg, according to officials.