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Tran Anh Digital World Q2 profit climbs YOY

Tran Anh Digital World JSC said its normalized net income for the second quarter came to 153.15 dong per share, a gain from 38.43 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 3.80 billion dong, a gain from 962.1 million dong in the year-earlier period.

The normalized profit margin rose to 0.5% from 0.2% in the year-earlier period.

Total revenue grew 43.1% year over year to 811.01 billion dong from 566.79 billion dong, and total operating expenses grew 41.6% year over year to 801.07 billion dong from 565.59 billion dong.

Reported net income increased from the prior-year period to 6.72 billion dong, or 270.58 dong per share, from 1.20 billion dong, or 47.96 dong per share.

As of Aug. 17, US$1 was equivalent to 22,094 dong.