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VMEP Holdings Returns to Profit on Lower Cost of Sales; Shares Plunge 19%
Vietnam Manufacturing and Export Processing Holdings (HKG:0422) returned to an attributable profit of $1.7 million, or $0.0019 per share, in 2023, from a loss of $200,346, or $0.0002 per share, in the
MT NewswiresMar 14 01:52 ET
Vietnam's manufacturing, processing and export (00422.HK) annual revenue of US$105 million decreased by 20.9% year-on-year
On March 13, GLONGHUI | Vietnam Manufacturing, Processing and Export (00422.HK) announced that for the year ended December 31, 2023, the company's revenue was 105.1 million US dollars, a year-on-year decrease of 27.8 million US dollars or 20.9%. In terms of domestic sales, due to the conservative purchasing power of Vietnamese consumers, product sales were affected, and revenue declined. However, in 2023, the Group offset part of the decline due to stable brand power and sales channels, and a slight increase in the Group's new products in the Vietnamese market; in terms of export sales, the Thai market was actively grabbed by Japanese competitors in the local market;
Gelonghui FinanceMar 13 04:37 ET
Vietnam's manufacturing, processing and export (00422) announced annual results. Shareholders' profit attributable to shareholders was US$1.6862 million, turning a year-on-year loss into a profit
According to the Zhitong Finance App, Vietnam Manufacturing, Processing and Export (00422) released results for the year ended December 31, 2023, with revenue of US$105 million, a year-on-year decrease of 27.8%; gross profit of US$15.5 million, up 1.9% year on year; profit after tax of US$1.7 million, turning a year-on-year loss into a profit of US$1,686,200, while a loss of US$203,300 was achieved in the same period in 2022; profit per share was US$0.0019. For the year ended December 31, 2023, the total sales volume of the group in Vietnam was about 3,950 vehicles (of which about 85 Sokodas
Zhitong FinanceMar 13 04:36 ET
VMEP HOLDINGS: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Futu NewsMar 13 04:30 ET · Announcements
Vietnam Manufacturing, Processing and Export (00422.HK) plans to hold a board meeting on March 13 to approve annual results
Gelonghui, Feb. 29 | Vietnam Manufacturing, Processing and Export (00422.HK) issued an announcement. The board of directors will hold a board meeting on March 13, 2024 (Wednesday) to approve (among other things) the results and announcements of the company and its subsidiaries for the year ended 31 December 2023, and consider paying a final dividend (if any).
Gelonghui FinanceFeb 29 03:32 ET
Vietnam Manufacturing and Export Processing (Holdings)'s (HKG:422) Promising Earnings May Rest On Soft Foundations
Investors were disappointed with Vietnam Manufacturing and Export Processing (Holdings) Limited's (HKG:422) earnings, despite the strong profit numbers. We did some digging and found some worrying un
Simply Wall StNov 17, 2023 17:25 ET
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