Vinamilk paradox: profit soars, stock price tumbles

Vinamilk paradox: profit soars, stock price tumbles

Vietnam’s dairy giant Vinamilk reported revenue of VND15.62 trillion ($639.64 million) and net profit of VND2.33 trillion ($95.4 million) in the fourth quarter of 2023, up 3.6% and 24.4% respectively year-on-year, according to its financial statement.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

How former Louis Holdings chairman manipulated stock prices

How former Louis Holdings chairman manipulated stock prices

Do Thanh Nhan, former chairman of Louis Holdings, and accomplices gained VND153.8 billion ($6.5 million) in illicit profits by manipulating the price of two stocks, according to investigative authorities.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7