Mobile World earns VND52b in profits in July

Sep 4th at 13:38
04-09-2014 13:38:58+07:00

Mobile World earns VND52b in profits in July

 Mobile World Group (MWG) recently announced its revenue and profit in July reached VND1.2 trillion ($56.6 million) and VND52 billion ($2.45 million), respectively.

The company earned VND8.2 trillion ($386.8 million) in revenue for the first seven months of this year, completing more than 60 per cent of its annual target, and VND360 billion ($16.98 million) in profit, accomplishing 80 per cent of its fiscal plan.

After listing for just a month and a half, the company's share price has increased by 66 per cent.

bizhub



NEWS SAME CATEGORY

Mobile World earns VND52b in profits in July

Mobile World Group (MWG) recently announced its revenue and profit in July reached VND1.2 trillion ($56.6 million) and VND52 billion ($2.45 million), respectively.

SOEs slow to withdraw from non-core businesses

For the last three years, most State-owned enterprises (SOEs) have had stable operations with acceptable profits, but capital withdrawal from their non-core...

Thanh Cong plans to build new Mekong Delta factory

The Thanh Cong Textile Garment Investment Trading Joint Stock Company is planning to build a new factory in the Mekong Delta province of Vinh Long next month.

HPG expansion to make it Vietnam's biggest steel producer

Leading steel producer Hoa Phat Group (HOSE:HPG) plans to expand its capacity to become Vietnam’s biggest steel firm within the next two years.

TTF to use $15m share raising to pay down debts

Truong Thanh Furniture (TTF) announced it is finalising procedures to issue more than 31 million shares, hoping to raise VND310 billion (US$14.6 million) to reduce...

Kinh Do net shoots up after restructure

Confectionery producer Kinh Do Corporation has reported a net profit of VND93 billion (US$4.4 million) in the first half, 22 per cent year-on-year growth.

Vingroup nets $54.6bn profit in 2nd quarter

Vingroup (VIC) has announced a net profit of VND1.148 trillion (US$54.6 billion) for the second quarter, or 8 per cent more than that of the first quarter, of 2014.

Global Emerging Markets (GEM) buys up to 20% stake of DLG

Duc Long Gia Lai Group (HOSE: DLG) on August 7 signed an agreement on strategic cooperation and investment with Global Emerging Markets (GEM). Accordingly, the U.S...

HQC sets firms for private placement

Hoang Quan Consulting Trading Service Real Estate Corporation (HQC) announced it has selected three strategic investors, all domestic construction companies, for a...

Pan Pacific stitches up tender for largest stake in Vinaseed

Pan Pacific Corporation (PAN) announced it has become Viet Nam National Seed Corporation's (NSC) biggest shareholder after completing the tender offer for its...


MOST READ


Back To Top