Companies / Vietnam
If you would like to subscribe to Asia Pacific Food and Drink Insight and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Asia Pacific Food and Drink Insight please click on the trial link below.
Vinamilk Continues Rapid Ascent
August 2008 | Company Finance AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Asia Pacific Food and Drink Insight and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Asia Pacific Food and Drink Insight please click on the trial link below.
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)