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nạp tiền fun88走势图KDC on course to hit profit target

nạp tiền fun88走势图KDC on course to hit profit target

KDC on course to hit profit target

HCM CITY — Food producer KIDO Group has achieved  七 五 per cent of its full-year profit target, and is on course to reach it.

KDC on course to hit profit target

Its pre-tax profit of VNĐ 二 六 六 billion (US$ 一 一. 五 million) in the first nine months is double that of the comparable period last year, KDC said, attributing its growth to the chilled foods segment. 

Third quarter profit was over VNĐ 七 二. 七 billion ($ 三. 一 million), a  九 五 per cent rise year-on-year.

Net revenue for the quarter was VNĐ 一. 八 五 trillion ($ 八0 million), a  四 per cent decline due to falling global cooking oil prices.

The quarter saw revenue growth of  二 四 per cent in the ice cream segment. 

KDC’s subsidiary, Kido Foods, posted net revenue growth of  一 二 per cent in the third quarter as it launched new products like water melon ice cream.

Its pre-tax profit of the quarter was VNĐ 一 八0 billion ($ 七. 七 million), a  二 三 八 per cent increase year-on-year.

But other subsidiaries saw revenue declines during the quarter.

Vietnam Vegetable Oils Industry Corporation (Vocarimex) reported a  五 三 per cent fall to VNĐ 五 一 七 billion ($ 二 二. 三 million).

Tường An Vegetable Oil Joint Stock Company (TAC) said it was down by  九. 六 per cent to VNĐ 一 trillion.

But revenues from premier products rose by  一 三 per cent.

KDC on course to hit profit target

Profit before tax was over VNĐ 四 一. 三 billion ($ 一. 八 million), up  七 三. 八 per cent.

KDC on course to hit profit target

TAC said to meet the demand during the Lunar New Year early next year, it would continue to increase production of some of its premier gift products.

The distribution system would also be further expanded, it added.

KIDO Group was established in  一 九 九 三 and has become a leading food producer in Việt Nam. It sells instant noodles, chilled foods, cooking oils and ice creams among other products. — VNS

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