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
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;
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
VMEP HOLDINGS: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
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).
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
Vietnam Manufacturing and Export Returns to Profit in First Nine Months of 2023
Vietnam Manufacturing and Export Processing (Holdings) (HKG:0422) said its posted a net profit of $3.5 million for the nine months through September, as against a loss of $600,000 in the year-ago peri
VMEP HOLDINGS: UNAUDITED RESULTS FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2023
Vietnam Manufacturing, Processing and Export (00422.HK) Board of Directors approved the first three quarter results on November 10
Glonghui, Oct. 24, 丨 Vietnam Manufacturing, Processing and Export (00422.HK) announced that it will hold a board meeting on November 10, 2023 (Friday) to approve (including) the unaudited quarterly results and release of the company and its subsidiaries for the nine months ended September 30, 2023.
VMEP HOLDINGS: Interim Report 2023
Vietnam Manufacturing and Export's Profit Surges in H1
Vietnam Manufacturing and Export Processing (Holdings) (HKG:0422) posted a profit attributable to shareholders of $3 million for the first half, surging from $346,231 in the prior year. Earnings per s
Vietnam Manufacturing, Processing, and Export (00422) Releases Interim Results Shareholders' Profit Profit of US$3.011 Million Increased More Than 7 Times Year on Year
According to the Zhitong Finance App, Vietnam Manufacturing, Processing and Export (00422) announced the interim results for the six months ended June 30, 2023. The group earned revenue of 606.071 million US dollars during the period, a decrease of 2.57% over the previous year; shareholders' profit of 3.011 million US dollars, an increase of 766.8% over the previous year; basic profit of 0.0033 US dollars per share. According to the announcement, the group raised product prices moderately in 2023 in response to the rise in international raw materials, but due to the conservative purchasing power of Vietnamese consumers, sales volume declined, and revenue decreased compared to the same period last year. Export products from ASEAN countries under the condition of price adjustments
VMEP HOLDINGS: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2023
Vietnam Manufacturing, Processing, and Export (00422.HK) plans to hold a board meeting on August 10 to approve interim results
Gronhui, July 28丨Vietnam Manufacturing, Processing and Export (00422.HK) announced that the board of directors will hold a board meeting on August 10, 2023 (Thursday) to approve (including) the unaudited interim results of the company and its subsidiaries for the six months ended June 30, 2023 and their announcements.
VMEP HOLDINGS: NOTICE OF BOARD MEETING
Vietnam Manufacturing and Export's Q1 Profit Triples
Vietnam Manufacturing and Export Processing (Holdings) (HKG:0422) recorded a rise in attributable profit for the three months ended March 31 to around $1.6 million from $533,175 in the year-ago period
VMEP HOLDINGS: UNAUDITED RESULTS FOR THE THREE MONTHS ENDED 31 MARCH 2023
Vietnam Manufacturing Processing Exports: 2022 Annual Report
Vietnam Manufacturing and Export CEO Resigns
06:46 AM EDT, 04/17/2023 (MT Newswires) -- Huang Tsung Yeh resigned as the chief executive officer of Vietnam Manufacturing and Export Processing (Holdings) (HKG:0422) effective today, April 17, to de
Vietnam Manufacturing and Export Processing (Holdings) Limited (HKG:422) Stock Rockets 43% As Investors Are Less Pessimistic Than Expected
Vietnam Manufacturing and Export Processing (Holdings) Limited (HKG:422) shares have continued their recent momentum with a 43% gain in the last month alone. The last month tops off a massive incre
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