Earnings Alerts

Vietnam Dairy Products JSC (VNM) Earnings: 2024 Net Income Rises 5.9% Amid Quarterly Decline

By February 3, 2025 No Comments
  • Vinamilk’s net income for the fourth quarter of 2024 was 2.1 trillion dong, an 8.7% decrease compared to the same quarter in the previous year.
  • Fourth quarter revenue was 15.5 trillion dong, showing a slight decline of 0.8% year-over-year.
  • For the entire year of 2024, Vinamilk achieved a revenue of 61.8 trillion dong, marking a growth of 2.3% from 2023.
  • The company’s net income for 2024 increased by 5.9%, reaching 9.39 trillion dong.
  • Total assets increased to 55 trillion dong at the end of 2024, up from 52.7 trillion dong at the end of 2023.
  • Earnings per share (EPS) for 2024 was 4,022 dong per share, compared to 3,796 dong per share in 2023.
  • Market analysts have shown a strong positive outlook, with 14 buy recommendations, 2 hold recommendations, and no sell recommendations.

A look at Vietnam Dairy Products JSC Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience5
Momentum2
OVERALL SMART SCORE3.2

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

Investors looking at Vietnam Dairy Products JSC may find a mixed bag of indicators when it comes to the company’s long-term prospects. While the company scores high in areas like dividend and resilience, with solid scores of 4 and 5 respectively, its value and momentum scores are more moderate at 2. These scores suggest that Vietnam Dairy Products JSC may offer stable returns through dividends and demonstrate strong resilience in challenging market conditions. However, investors might not find the company’s current valuation particularly attractive, and the momentum of the stock may not be as strong.

Vietnam Dairy Products JSC, a producer of various dairy products such as milk, cheese, and yoghurt, also dabbles in other food items like cookies, coffee, and bottled water. With a growth score of 3, the company shows promise for expansion, albeit not as high as its resilience score. Overall, investors considering Vietnam Dairy Products JSC should weigh these different factors carefully to make informed decisions about the company’s future performance.


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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