Earnings Alerts

Vingroup Jsc (VIC) Earnings Surge: Reveals 1Q Profit After Tax of 1.34T Dong, Marking Significant Increase Y/Y

  • Vingroup’s profit after tax for Q1 2024 is 1.34 trillion dong, a considerable increase from 589 billion dong of the same period previous year.
  • The revenue for this quarter is 21.74 trillion dong which shows a decrease by 44% compared to the revenue of the same quarter last year.
  • On March 31, 2024, the total assets of Vingroup were recorded at 693.95 trillion dong, marking a modest growth of 3.9% over the figure at the end of December 2023.
  • Vingroup’s shares show an increase of 2.4% to 43,000 dong with 1.55 million shares traded.
  • There have been 2 buy recommendations and no hold or sell recommendations for the company’s shares.
  • All comparisons have been made based on the values reported by the company in their original disclosures.

A look at Vingroup Jsc Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth2
Resilience2
Momentum3
OVERALL SMART SCORE2.2

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

Vingroup Jsc, a real estate development company, is positioned with a moderate to positive long-term outlook based on the Smartkarma Smart Scores analysis. While excelling in value and momentum factors with scores of 3 each, the company falls short in dividend, growth, and resilience factors with scores ranging from 1 to 2. This suggests that investors can expect stable performance and potential growth opportunities from Vingroup Jsc in the future.

With a diverse portfolio including apartments, malls, hotels, resorts, and entertainment properties, Vingroup Jsc caters to a global clientele. Despite facing challenges in dividend and growth aspects, the company’s solid value and momentum scores indicate a promising outlook, offering investors a balanced investment opportunity in the real estate sector.


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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