trending Market Intelligence /marketintelligence/en/news-insights/trending/5zLvKDRCBn1s56_Uh0LloA2 content esgSubNav
In This List

Lamdong Foodstuffs Q3 profit climbs 41.2% YOY

Case Study

A Green Lender Adopts a Robust Approach for Assessing Project Finance Credit Risks

Case Study

An Asset Manager Meets Client Redistribution Demands for Excel-based Statements


MediaTalk | Season 2
Ep.1: Broadcast's Big Year


Global M&A by the Numbers Q4 2023

Lamdong Foodstuffs Q3 profit climbs 41.2% YOY

Lamdong Foodstuffs JSC said its normalized net income for the third quarter amounted to 289.60 dong per share, a gain of 41.2% from 205.04 dong per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 4.25 billion dong, a gain of 41.2% from 3.01 billion dong in the year-earlier period.

The normalized profit margin increased to 4.1% from 3.5% in the year-earlier period.

Total revenue rose 20.6% year over year to 104.49 billion dong from 86.62 billion dong, and total operating expenses climbed 18.2% year over year to 96.98 billion dong from 82.03 billion dong.

Reported net income grew 33.6% year over year to 6.41 billion dong, or 437.29 dong per share, from 4.80 billion dong, or 327.19 dong per share.

As of Nov. 19, US$1 was equivalent to 22,472.50 dong.