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Companies / Vietnam

Vinamilk Continues Rapid Ascent

August 2008 | Company Finance Alert

Vietnam's leading dairy products manufacturer Vietnam Dairy Products Joint Stock Company (Vinamilk) has announced impressive seven-month operating figures. Vinamilk's January-July sales rose by 27.5% year-on-year (y-o-y) to VND4.77trn (US$288.3mn), representing 58% of its VND8.2trn (US$495.6mn) 2008 target, while net profit for the period increased by 29.5% y-o-y to VND812bn (US$49.1mn), an impressive 71.2% of the annual VND1.14trn (US$68.9mn)

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