Dairy giant Vinamilk targets 5% pre-tax profit growth in 2024
Vietnamese dairy giant Vinamilk aims to earn VND63.16 trillion ($2.5 billion) in revenue and VND11.5 trillion ($453.92 million) in pre-tax profit this year, up 4.4% and 5.1% year-on-year, respectively, CEO Mai Kieu Lien said on Thursday.
Companies - Fri, April 26, 2024 | 11:53 am
Singaporean firms go back on plan to buy more Vinamilk shares
Singapore-based Platinum Victory Pte. Ltd. and F&N Dairy Investments Pte. Ltd. have failed to buy more shares of leading Vietnamese diary firm Vinamilk after registering to do so.
Finance - Mon, February 19, 2024 | 4:06 pm
Vinamilk looks to net zero by 2050
Vietnam's leading dairy corporation Vinamilk has announced the Vinamilk Pathway to Dairy Net Zero 2050 project, underwhich the company will reduce its greenhouse gas (GHG) emissions by 15% in 2027 and 55% in 2035, before reaching net zero by 2050.
Companies - Sat, February 10, 2024 | 9:57 am
Bright profit prospects for Vinamilk in Q1: executive
Dairy giant Vinamilk's Q1/2024 business results are likely to be far better than the same period last year, said chief financial officer Le Thanh Liem at an investor meeting in early February.
Companies - Thu, February 8, 2024 | 7:00 am
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 - Wed, January 31, 2024 | 11:51 am
Investors can feel secure in Vinamilk shares: exec
The dairy industry still has great potential for growth, so investors can be assured when investing in dairy giant Vinamilk, said Nguyen Quang Tri, the company’s marketing executive director.
Companies - Sat, January 13, 2024 | 8:55 am
Dairy giant Vinamilk looks to milk new growth cycle
Vietnamese dairy giant Vinamilk is poised to transform itself and reverse the slowdown it has experienced in recent years despite continued domination of the domestic market.
Companies - Thu, December 14, 2023 | 8:26 am
Vietnam’s ice cream market can grow to $206 mln in 2023
The retail sale value of Vietnam’s ice cream market can grow 8% year-on-year to VND4.9 trillion ($205.7 million) in 2023, market researcher Euromonitor reported.
Companies - Wed, August 23, 2023 | 2:05 pm
Vinamilk reports $94 mln profit in Q2, changes brand identity
Vietnam’s largest dairy producer Vinamilk reported consolidated revenue of VND15.2 trillion ($642.27 million) and consolidated after-tax profit of VND2.22 trillion ($93.8 million) in the second quarter of this year, up 1.6% and 5.6% year-on-year, respectively.
Companies - Sun, July 9, 2023 | 12:45 pm
Vinamilk targets 5.5% revenue growth in 2023
Vietnam’s largest dairy manufacturer Vinamilk is targeting VND63.38 trillion ($2.7 billion) in consolidated revenue for 2023, a year-on-year increase of 5.5%, said CEO Mai Kieu Lien.
Companies - Wed, April 26, 2023 | 9:25 pm
Singapore’s Growtheum to invest $100 mln in Vietnam dairy firm IDP
Growtheum Capital Partners has agreed to pay around $100 million for a stake in Vietnam’s International Dairy Products JSC (IDP) as the Singapore-based private equity firm looks to tap the region’s growing dairy market.
Companies - Thu, April 13, 2023 | 10:10 pm
Vinamilk projects flat profit in 2023
Vietnam’s largest dairy manufacturer Vinamilk is targeting after-tax profit of VND8.62 trillion ($367 million) in 2023, flat compared to the previous year.
Companies - Thu, April 6, 2023 | 7:00 am
20 largest investors hold 80% of Vinamilk's charter capital
Vietnam’s largest dairy manufacturer Vinamilk reported charter capital of nearly VND20.9 trillion ($886.16 million) at the end of 2022, with 80% owned by 20 investors.
Companies - Wed, March 22, 2023 | 4:36 pm
Japan’s Sojitz, Vinamilk builds $500 mln breeding, beef processing complex
Japanese company Sojitz and Vietnam’s largest dairy manufacturer Vinamilk on Wednesday broke ground on their $500-million complex for raising cows and supplying beef located in northern Vietnam, a project expected to advance Vietnam’s livestock industry.
Companies - Wed, March 8, 2023 | 3:15 pm
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