Food firm Kido posts highest quarter profit in 7 years
Leading Vietnamese food and cooking oil producer Kido Group reported an after-tax profit of VND651 billion ($27.5 million) in the second quarter of this year, up 198% year-on-year and the highest profit since the fourth quarter of 2016.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Food firm Kido targets highest profit in 7 years
Leading Vietnamese food and cooking oil producer Kido Group is targeting a consolidated revenue of VND15 trillion ($638.4 million) in 2023, and pre-tax profit of VND900 billion ($38.3 million), up 20% and up 76% year-on-year, respectively.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Kido buys 25% stake in food producer Tho Phat
Leading Vietnamese food and cooking oil producer Kido Group completed the purchase of a 25% stake in Tho Phat Food Processing Company on Monday, and is negotiating to buy more to be the majority shareholder.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Food major Kido sells 22.5 million treasury shares to foreign firm
Kido will sell more than 22.5 million treasury shares to a multinational consumer goods corporation which can help the group expand its export.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Food major Kido plans to sell 22.5 million treasury shares
Kido Group (KDC), Vietnam's leading food and cooking oil producer, plans to sell over 22.5 million KDC shares before repurchasing 10 million as treasury shares, equivalent to 3.57% of outstanding shares.
Banking & Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Kido Group sets up $10.5 mln lard, vegetable oil firm
The Kido Group, Vietnam's leading food and cooking oil producer, has announced the establishment of a VND250 billion ($10.47 million) lard and vegetable oil production company.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
- Editor’s Picks
-
LG’s chemicals arm records modest 2023 profits in Vietnam
-
Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
-
SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
-
Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
-
AG&P LNG to start operating southern Vietnam LNG terminal in Sept
- Editor’s Picks
-
LG’s chemicals arm records modest 2023 profits in Vietnam
-
Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
-
SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
-
Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
-
AG&P LNG to start operating southern Vietnam LNG terminal in Sept
