Home Companies

Vietjet (VJC) records strong growth in 2017

Feb 1st at 08:54
01-02-2018 08:54:08+07:00

Vietjet (VJC) records strong growth in 2017

Vietjet Aviation Joint Stock Company (HOSE: VJC) earned a total net revenue of VND42.26 trillion (US$1.85 billion) in 2017, surging 54 per cent from a year ago.

 

Vietjet’s pre-tax profit stood at approximately VND4.75 trillion ($208 million), up 75.9 per cent year on year, far surpassing its yearly target, according to the airline’s pre-audited financial statement report, which was released on Wednesday.

Thanks to the expansion of its fleet by 17 aircrafts in 2017, Vietjet opened 22 new routes, including 21 international ones, taking the total number of operational routes to 82.

During the year, the carrier carried more than 17.11 million passengers, and its on time performance was 85.59 per cent.

With positive business results, Vietjet has increased its 2017 dividend payment from 50 per cent to 60 per cent and prepared for a 10-per-cent cash dividend payment for 2017 on February 7.

bizhub

MOST READ

NEWS SAME CATEGORY

Thang Long Investment Group sells entire stake in 30-storey Royal Plaza
COMPANIES Jan 31st at 14:54

Thang Long Investment Group sells entire stake in 30-storey Royal Plaza

Thang Long Investment Group (TIG), the owner of King's Garden Resort and Villas, has divested its entire stake in Thang Long Royal Plaza after many years of...

PV Gas may sell 30% of charter capital
COMPANIES Jan 30th at 10:09

PV Gas may sell 30% of charter capital

PetroVietnam Gas Corporation (PV Gas) may sell 30 per cent of its total shares to a strategic investor in 2020, the firm’s chairman, Le Nhu Linh, said on Monday.

Mekong Capital completes divestment from Mobile World
COMPANIES Jan 30th at 08:14

Mekong Capital completes divestment from Mobile World

Mekong Capital has divested its entire holding in The Gioi Di Dong, also Mobile World Investment JSC, after more than 10 years of investment, the fund announced on...

PNJ’s outstanding results send stock soaring
COMPANIES Jan 30th at 08:10

PNJ’s outstanding results send stock soaring

With its price more than doubling since early last year and trading at around VND145,000 (US$6.38) now, the Phu Nhuan Jewelry Joint Stock Company’s share became one...

4 investors eye GENCO 3
COMPANIES Jan 27th at 14:36

4 investors eye GENCO 3

Four foreign investors from India, Thailand, South Korea and the Middle East registered to buy 36 per cent of the charter capital at the Power Generation...

HSC’s revenue increases five times in Q4/2017
COMPANIES Jan 27th at 14:35

HSC’s revenue increases five times in Q4/2017

HCM City Securities Corporation (HSC) gained strong business growth in the fourth quarter of 2017 (Q4/2017).

Vinamilk (VNM) set to expand abroad
COMPANIES Jan 27th at 14:21

Vinamilk (VNM) set to expand abroad

Dairy giant Vinamilk will continue to expand abroad, especially in emerging market like Laos and Myanmar, this year.

Digiworld unveils 2018 business plans
COMPANIES Jan 25th at 13:44

Digiworld unveils 2018 business plans

Digiworld Corporation (DWG) has said that mobile phones and office supplies will be its main sources of revenues this year.

Vietcombank to sell 7.6 million Vietnam Airlines’ shares (HVN)
COMPANIES Jan 25th at 08:36

Vietcombank to sell 7.6 million Vietnam Airlines’ shares (HVN)

Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has registered to sell 7.6 million shares of Vietnam Airlines Corporation, which is listed...

Vinaconex (VCG) sees 9.3% revenue growth in 2018
COMPANIES Jan 24th at 09:40

Vinaconex (VCG) sees 9.3% revenue growth in 2018

The Viet Nam Construction and Import-Export Joint Stock Corporation (Vinaconex) is targeting a revenue of more than VND19.44 trillion (US$853 million) in 2018, up...

Read More

MOST READ

Back To Top