trending Market Intelligence /marketintelligence/en/news-insights/trending/azy-yYOCKgc_e2bT1xBhtg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Nam Viet Q1 profit climbs YOY

Capital Markets View – February 2021


What’s on the Horizon for the Cruise, Hotel & Resorts Sector?


ESG hits the mainstream for European private equity sponsors


What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals

Nam Viet Q1 profit climbs YOY

Nam Viet Corp. said its normalized net income for the first quarter came to 76.00 dong per share, a gain from 36.92 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 9.47 billion dong, an increase from 4.59 billion dong in the prior-year period.

The normalized profit margin increased to 1.7% from 0.7% in the year-earlier period.

Total revenue fell 12.5% on an annual basis to 544.77 billion dong from 622.28 billion dong, and total operating expenses decreased 14.0% from the prior-year period to 518.21 billion dong from 602.62 billion dong.

Reported net income rose 95.2% from the prior-year period to 14.29 billion dong, or 114.74 dong per share, from 7.32 billion dong, or 58.95 dong per share.

As of May 14, US$1 was equivalent to 21,795 dong.