Earnings Alerts

Vingroup Jsc (VIC) Earnings: 1H Profit After Tax Surges to 2.02 Trillion Dong, Despite Revenue Decline







  • Vingroup’s profit after tax for the first half of 2024 is 2.02 trillion dong.
  • This is an increase from 987 billion dong in the same period last year.
  • Total revenue for the period is 65.04 trillion dong, which is a 24% decrease year-on-year.
  • As of June 30, Vingroup’s total assets stand at 722.26 trillion dong, marking an 8.2% increase compared to the end of 2023.
  • Current analyst ratings: 1 buy, 2 holds, 0 sells.
  • The comparisons are based on the company’s originally reported disclosures.



A look at Vingroup Jsc Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth5
Resilience2
Momentum2
OVERALL SMART SCORE2.6

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 assessed Vingroup Jsc‘s long-term outlook using their proprietary Smart Scores system. The company has received varying scores across different factors. Vingroup Jsc has been rated highly for its Growth potential, indicating a positive trajectory in the future. On the other hand, the company received lower scores for Dividend, Resilience, and Momentum. These scores suggest that Vingroup Jsc may face challenges in these areas.

Vingroup Jsc, a real estate development company, operates with a focus on developing a range of properties including apartments, malls, hotels, resorts, and entertainment establishments. Despite strong Growth prospects, the company may need to address areas such as Dividend payouts, Resilience to market fluctuations, and Momentum in its operations to enhance its overall performance and competitiveness in the long run.


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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