trending Market Intelligence /marketintelligence/en/news-insights/trending/b5JACJqfYC0LkbjkbZN93w2 content esgSubNav
In This List

Seafood JSC No.4 Q2 profit falls YOY

Case Study

An International Logistics Company Streamlines Transfer Pricing for Its Extensive Network of Subsidiaries


Next in Tech | Episode 168: AI Data Strategies


Street Talk | Episode 126: Hunting the bears, making the bull case for CRE


Investment Banking Essentials May 15

Seafood JSC No.4 Q2 profit falls YOY

Seafood JSC No.4 said its normalized net income for the second quarter was 70.62 dong per share, a decrease of 56.3% from 161.50 dong per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.14 billion dong, a decline of 57.3% from 2.67 billion dong in the prior-year period.

The normalized profit margin declined to 0.5% from 1.4% in the year-earlier period.

Total revenue increased 8.2% on an annual basis to 207.82 billion dong from 192.05 billion dong, and total operating expenses totaled 182.93 billion dong, compared with 181.19 billion dong in the prior-year period.

Reported net income decreased 76.1% on an annual basis to 743.4 million dong, or 46.00 dong per share, from 3.11 billion dong, or 187.80 dong per share.

As of Aug. 14, US$1 was equivalent to 22,103 dong.