"King of Soy Milk" takes the crown owing to sugar
Quang Ngai Sugar is experiencing opposing variations in two important business categories.
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Vietnam Dairy Products JSC, known as Vinamilk, reported a third-quarter after-tax profit at VND 2,533 billion, from VND 15,681 billion in revenue, reaching the highest level since the third quarter of 2021.
Vietnam’s top beer maker Sabeco has reported an after-tax profit of VND1.07 trillion ($43.7 million) in the third quarter of 2023, down 23% from a year ago.
Masan Group Corporation’s net revenue hit VND57,470 billion in the first nine months of 2023, an increase of 3.5% from a year ago, according to its unaudited management accounts.
Quang Ngai Sugar is experiencing opposing variations in two important business categories.
Despite declining consumer prices and substantial losses, Bach Hoa Xanh expects to break even due to improving business conditions.
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