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Viet dairy profits surge

This article was originally published in Foodnews

VIETNAM's dairy giant Vinamilk has announced a net profit of VND812 billion (US$49.2 million) for JanuaryJuly, up 30% from the same period last year. This figure makes up 71.2% of the company's full-year target. Revenues for the seven months grew 28% to VND4.77 trillion. The company expects full-year net profit to rise 18% to VND1.14 trillion and revenues to increase 23% to VND8.2 trillion. Last month, Vinamilk reported first half results of VND693 billion in net profit (FOODNEWS 24 J uly) .


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