Vietjet Aviation joint Stock Company (HOSE code: VJC) posted a pre-tax profit of more than 2.98 trillion VND (131 million USD) in the first nine months of this year, according its preliminary business results which were released last week.
Vietjet posts a pre-tax profit
of more than 2.98 trillion VND (131 million USD) in the first nine months of
this year (Photo: Vietjet)
In the third quarter,
thanks to the expansion of new routes and operational improvements to existing
routes, Vietjet’s revenue and profit increased significantly compared to the
same period last year, and exceeded the company’s targets.
Vietjet’s pre-tax profit stood at over 1 trillion VND in the third quarter, up
35.1 percent year-on-year. Air transport revenue reached 6.14 trillion VND, an
increase of 34.4 percent compared to the same period of 2016.
As of September 30, Vietjet’s total assets stood at above 26.28 trillion VND
(1.15 billion USD), surging 57.4 percent year on year.
During the nine-month period, besides adding five additional airplanes, Vietjet
launched 13 new routes, increasing the total number of routes to 73, including
38 domestic routes and 35 international ones. Notably, Vietjet’s on-time
performance ratio in the nine-month period was 85.4 percent.
In the fourth quarter, the company is expected to open six new routes, raising
the total number of new routes this year to 19.
Based on the current business results, the firm estimated its pre-tax profit in
2017 could exceed the target, approved at the annual shareholder meeting, by 10
percent.
Source: VNA
Since the beginning of this year, under the direction of the Department of Agriculture and Environment, the Sub-Department of Agricultural, Forestry, and Fishery Product Quality Management has strengthened the integration of the professional activities to promote and guide the organizations and individuals in the production and trading of agricultural, forestry, and fishery products to comply with the legal regulations regarding the use of chemicals, pesticides and veterinary medicines in crop cultivation, livestock farming and aquaculture. They also provide guidance to processing and manufacturing establishments on keeping the records to trace the product origins and using food additives from the approved list according to the regulations.
Hoa Binh province saw a significant rise in state budget revenue in the first two months of 2025, heard a meeting chaired by Vice Chairman of the provincial People’s Committee Quach Tat Liem.
Ha Thi Ha Chi, a 26-year-old graduate in law, has taken an unconventional path by returning to her hometown in Mai Chau district to establish the Tong Dau Cooperative, creating stable jobs for local women and bringing Thai ethnic brocade weaving to the global market.
As the Lunar New Year 2025 approached, pork prices surged, creating a profitable season for farmers in Tan Vinh commune, Luong Son district. Taking advantage of the rising demand, Can Minh Son, a farmer from Coi hamlet, sold over 30 pigs at 69,000 VND/kg, each weighing more than 100 kg. After deducting expenses, his family earned a profit of over 50 million VND.
alternate member of the Central Party Committee, Secretary of the Hoa Binh provincial Party Committee Nguyen Phi Long on March 5 had a working session with Yan Jiehe, Founder and Chairman of the China Pacific Construction Group, one of China's largest private corporations in the field of transport infrastructure. Deputy Secretary of the provincial Party Committee, Chairman of the provincial People's Committee Bui Duc Hinh and leaders of provincial departments and sectors also attended the working session.
The electronic printed circuit board (PCB) manufacturing and processing plant of Japan’s Meiko Group, located at Da River Left Bank Industrial Park in Hoa Binh city with a total investment of over 200 million USD, is expected to create thousands of jobs and make a significant contribution to the local budget.
