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Sai Gon Vien Dong Technology posts Q2 profit

Sai Gon Vien Dong Technology JSC said its second-quarter normalized net income amounted to 734.4 million dong.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin was 12.8%.

Total revenue totaled 27.75 billion dong, and total operating expenses came to 26.46 billion dong.

Reported net income came to 923.1 million dong, or 87.27 dong per share.

As of July 20, US$1 was equivalent to 21,823.50 dong.