Behind the Big Profits

Large companies such as Vinamilk (VNM), VNG, KBC, Viettel Global (VGI), and Viet Tiến (VGG) have reported impressive Q3 financial results. Vinamilk recorded revenue of 16.968 trillion VND, a 9% increase, with net profit after tax reaching 2.511 trillion VND, driven by digital transformation and e-commerce expansion. VNG reported revenue of 2.894 trillion VND, up 12%, with net profit after tax increasing by 572%, due to effective cost control. KBC reported revenue of 1.347 trillion VND and a net profit of 307 billion VND, growing thanks to industrial zones and real estate. Viettel Global achieved revenue of 11.622 trillion VND, increasing by 27%, and profit reached 4.160 trillion VND, the highest ever. Finally, May Việt Tiến posted a net profit of 119 billion VND, with revenue rising by 1%, thanks to significantly increased financial earnings. These companies demonstrate exceptional growth in Q3 and have successfully implemented their business plans.

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