trending Market Intelligence /marketintelligence/en/news-insights/trending/KAQhysnv7iYV95oKN2CEVQ2 content esgSubNav
In This List

Kinh Do Q3 profit falls YOY

Blog

HDFC Securities Investment Research Now Available through S&P Capital IQ Pro

Podcast

MediaTalk | Season 2
Ep.2 Back to the Box Office

Blog

The Marriage of Two Best-in-Class Solutions Delivers a Significant Advancement in Data Visualization and Technical Analysis

Case Study

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


Kinh Do Q3 profit falls YOY

Kinh Do Corp. said its normalized net income for the third quarter amounted to 58.64 billion dong, a fall of 76.9% from 253.80 billion dong in the year-earlier period.

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

The normalized profit margin fell to 11.3% from 13.6% in the year-earlier period.

Total revenue declined 72.3% on an annual basis to 517.75 billion dong from 1.872 trillion dong, and total operating expenses decreased 63.0% from the prior-year period to 553.55 billion dong from 1.497 trillion dong.

Reported net income came to 80.17 billion dong, compared with 358.82 billion dong in the year-earlier period.

As of Nov. 16, US$1 was equivalent to 22,445 dong.