Earnings Alerts

Vietnam Dairy Products JSC (VNM) Earnings: 2Q Net Income Surges 21% to 2.67T Dong

  • Vinamilk’s net income for Q2 2024 is 2.67 trillion dong, which is a 21% increase from the same period last year.
  • Revenue for Q2 2024 is 16.7 trillion dong, reflecting a 9.9% increase year-over-year.
  • For the first half of 2024, Vinamilk’s revenue is 30.8 trillion dong, up by 5.8% compared to the first half of last year.
  • Net income for the first half of 2024 stands at 4.86 trillion dong, marking a 20% increase year-over-year.
  • In Q2 2024, earnings per share (EPS) are 1,138 dong, compared to 934 dong per share during the same period last year.
  • EPS for the first half of 2024 rises to 2,082 dong per share, up from 1,731 dong per share in the first half of the previous year.
  • Analyst recommendations include 15 buys, 1 hold, and no sells.

A look at Vietnam Dairy Products JSC Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience5
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts at Smartkarma have evaluated Vietnam Dairy Products JSC using their Smart Scores system, which rates various aspects of the company’s outlook. Based on the scores provided, Vietnam Dairy Products JSC received a solid rating across the board. With high scores in Dividend and Resilience, indicating strong payouts to investors and a stable business model, respectively, the company seems well-positioned for the long term.

While there is room for improvement in Value and Growth scores, the overall momentum of Vietnam Dairy Products JSC is promising, suggesting potential for growth in the future. The company’s diverse product range, which includes dairy products, cookies, coffee, tea, and bottled water, provides a solid foundation for continued success in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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