The first listed companies reported profits of hundreds of billions of dong.

Some listed companies have announced their estimated business results for 2022 and reported profits of hundreds of billions of VND, which is considered a bright spot in the context of many businesses suffering losses. For example, at a recent conference summarizing production and business activities, the leaders of Ca Mau Petroleum Fertilizer Joint Stock Company (stock code DCM) announced that in 2023, the total output of fertilizers of all kinds will reach more than 1.3 million tons of products, an increase of 20% compared to 2022.

The company is estimated to achieve revenue of VND 13,572 billion for the whole year and report pre-tax profit of VND 1,031 billion, down 17% and 78% respectively compared to the record results in 2022. Despite the decrease, this is still a fairly high profit level for the company. The company also announced its 2024 business plan with a total consolidated revenue of VND 11,878 billion, pre-tax profit of more than VND 841 billion and an expected dividend rate of 10%.

Vietnam Oil and Gas Power Corporation (stock code POW) reported a profit of over VND 1,326 billion.

Meanwhile, TNG Investment and Trading Joint Stock Company (stock code TNG) has just announced that by mid-December, it has completed its annual revenue plan, reaching VND6,800 billion. This is a positive result in the context that the Vietnamese textile and garment industry is still facing many difficulties, the world economy is growing slowly, leading to a trend of tightening consumer spending, large inventories, causing the textile and garment industry to be greatly affected. The company expects that by the end of 2023, revenue could reach VND7,030 billion, exceeding the annual plan by 3% and increasing by 4% compared to 2022. Previously, TNG reported that by the end of November, it had a pre-tax profit of nearly VND250 billion.

Or Vietnam Oil and Gas Power Corporation (stock code POW) has just announced that total revenue for the whole year is estimated at 30,600 billion VND, exceeding 1% of the 2023 plan and reported pre-tax profit of 1,326.6 billion VND, exceeding 4% of the 2023 plan. The company paid the state budget about 1,162 billion VND, exceeding 32% of the 2023 plan.

Another enterprise, Binh Duong Water and Environment Joint Stock Corporation (stock code BWE), has just announced its business results for the first 11 months of the year with revenue of VND 3,340 billion and profit after tax of VND 596 billion, down 3% and 5% respectively compared to the same period in 2022. At the same time, the company also estimated the results for the whole year of 2023 with total revenue at VND 4,006 billion, up 3%; profit after tax is estimated at VND 614 billion, down 18% compared to the audited results in 2022...

Source: https://thanhnien.vn/nhung-doanh-nghiep-niem-yet-dau-tien-bao-lai-hang-tram-ti-dong-185231221111725905.htm