Sunday, February 3, 2019 (GMT + 7)
Hoang Anh Gia Lai Bau Duc's international agricultural joint stock company has a net revenue for the fourth quarter of 2018 with 39% compared to the same period last year. Sales of fruits, peppers and rubber latex contributed significantly to this figure.
Strong growth, the German election company still suffered losses due to high interest
Hoang Anh Gia Lai, the joint stock company, announced the consolidated financial statements for the fourth quarter of 2018, with the company's net revenue reaching nearly 891 billion dollars, 39% more than the same period last year.
This fluctuation is explained by the increase in sales of fruit and peppers by 181 billion euros, while the rubber latex sales also increased by 168 billion euros.
However, in the fourth quarter, HNG still suffered a pre-tax loss of 346 billion VND. The reason explained by the HNG is due to the high interest costs and the Group's deduction for certain expenses related to business activities.
The net profit of the German company in the fourth quarter of 2018 was close to 891 billion Leva, which is 39% more than the same period last year.
For the full year 2018, HNG net revenues reached more than US $ 3,685 billion, an increase of 11% compared to the previous year, but the post-tax profit for the year is over 646 billion dollars, far below the net profit target from 150 billion dollars.
Recently, HNG has also announced progress in capitalizing on the supply of convertible bonds in 2018. This is the bond HAGL Agrico sold to Truong Hai in August last year to raise 2.217 billion VND. With this amount, HAGL Agrico invested VND 1,028 billion in 5,275 decares of bananas and spent 109 billion leva. About 610 ha. Peppers.
After the terrible trade, the "boss" of the Vietnamese entertainment industry spent an extra $ 1.5 million on American companies
Yeah1 (YEG) has just bought 100% of Thoughtful Media Group (US) assets for $ 1.55 million and stock options.
TMG Thailand is a YouTube multi-channel network (MCN) that is quite popular in the country with over 580 channels on YouTube.
On behalf of YEG, the active block will contribute $ 2-3 million in Yeah1 revenue in the first 12 months, and 6-7 million dollars in 2 years.
YEG has recently announced the end of the acquisition of the 100% ScaleLab – YouTube Network with a series of stars and major influential channels around the world. The deal is worth up to $ 20 million, of which $ 12 million is cash.
ScaleLab is known as the home of Jake Paul, Jimmy Donaldson (aka MrBeast), Marielle Marrero, Erica Kostel, Katie Angel and many other famous stars on YouTube. After the merger, YouTube's Da1 channel system is expected to generate almost 7 billion views per month, ranking third in the world.
The King of Religion began to win thanks to the sale of the land
According to the reporting period from 1 October 2018 to 31 December 2018, Hoa Sen Group (HoSE: HSG) achieved a net income of BGN 7,545 billion, which is 4% less than the same period last year .
Meanwhile, the price of HSG for the goods sold reached VND 6.938 billion (VND 6,705 billion for the same period last year), making the company's gross profit only VND 607 billion, much lower than the VND 1,181 billion in the same period last year . ,
Hoa Sien earned a net profit of 60.6 billion Donas in the last months of 2018 thanks to the proceeds of liquidation and sale of fixed assets.
With the exception of sales and management costs, the net loss of over 116 billion Donas. HSG, however, has other proceeds from liquidation and sale of fixed assets and other costs amounting to almost 218 billion VND. Thus, Hoa Sen posted a net profit of 60.6 billion euros, but still fell by 82% on an annual basis.
Hoa Sen's total assets up to December 31, 2018, amounted to 19.834 billion leva, which is 7% less than the beginning of the year. Hoa Sen occupies VND 12.157 billion, which is 15% less than the beginning of the period.
Mr Tran Dinh Long's Hoa Phat reported a cut in interest rates at the end of the year
The Hoa Phat Group (HPG) has just announced its Q4 / 2018 business results with about $ 1500 billion in revenue, up 14% from the same period last year. Nevertheless, HPG in this quarter had only 1,760 billion dollars after tax profit, which is a drop of about 27% compared to the same period last year.
This is the first quarter that Hoa Phat's profit has been reduced to less than 2000 billion since the third quarter of 2017. In the last quarter, Hoa Phat even made a profit after tax of more than 2 400 billion leva.
During the year, however, consolidated revenues to this group still reach $ 56,500 billion, or 21% more than in 2017. The profit after HPG is 8,600 billion leva, which is 7% more than the same last year. This increase in profit is lower than in 2017. Previously, HPG's post-tax profit growth in 2017 reached more than 20%.
At the moment Hoa Phat still holds the first position in the Vietnamese steel industry. Construction steel and steel pipes are two product lines of Hoa Phat leading the market with market shares of respectively 23.8% and 27.5% respectively.
The Hoa Phat 4/2018 quarter received only 1.760 billion profit after tax, down 27% from the same period last year.
Minutes of revival at the end of the year did not save Quoq Quong Gia Lai
Quoc Cuong Gia Lai (QCG) has just released the consolidated financial statements for the fourth quarter of 2018 with much improved performance.
Revenues for the period reached $ 213 billion, up 63% compared to the same period in 2017.
The cumulative annual QCG revenue is only 732 billion, which is 15% less than in 2017. Profit after tax was almost 95 billion leva, which is 76% less than the previous year.
As of December 31, 2018, QCG's inventories amounted to 7.40 billion, of which the real estate was 7.020 billion. Total QCG assets to date have reached VND 11,000 billion, debt owed by VND 6,893 billion.
In 2018, Quoc Cuong Gia Lai joined the square to buy public land of Tan Thuan in Phuoc Kien, Nha Be. This land was later restored by the city.
The market fell slightly in the last session of the year Mau Tuat.