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
Maximizing local potential and advantages, Yen Tri commune in Yen Thuy district is actively promoting the cultivation of medicinal herbs and turning medicinal herbs into One Commune - One Product (OCOP) products.
Situated at the gateway to the Northwest, Hoa Binh province has a population of over 900,000, including about 540,000 of working age. It is home to 6,000 businesses and production facilities, providing employment for over 100,000 workers. The remaining workforce is engaged in informal jobs, works in enterprises outside the province, or contributes to agro-forestry-fisheries. Additionally, around 3,000 workers are employed abroad.
The Hoa Binh provincial People's Committee has issued Decision No. 2767/QD-UBND announcing the rankings of departments, agencies, districts and Hoa Binh city in the Public Administration Reform Index (PAR) and the Satisfaction Index of Public Administration Services (SIPAS) in 2024.
The cultivation of Dam Xanh fish (Bangana lemassoni), a unique fish species, has seen remarkable growth in Mai Chau district, thanks to its high economic value and effectiveness. Initially concentrated in Van Mai commune, farming has now extended to four other communes, namely Mai Hich, Mai Ha, Chieng Chau, and Son Thuy. These areas benefit from pristine underground water flowing from mountain crevices, providing ideal conditions for raising this specialty fish.
In 2024, the total state budget revenue of Hoa Binh Province is estimated at approximately VND 6,930 billion, achieving 183% of the Government’s target, 126% of the target assigned by the Provincial People's Council, and 145% compared to the same period last year.
In 2024, Hoa Binh province has shown signs of improvement in attracting investment and developing enterprises.
