Vinpearl earns an average profit of more than 1.8 billion VND per day

VnExpressVnExpress07/04/2024

Last year, Vinpearl Joint Stock Company had a profit after tax of 670 billion VND, equivalent to an average of more than 1.8 billion VND per day.

This information was announced by Vinpearl in a recent report sent to the Hanoi Stock Exchange (HXN).

By December 31, Vinpearl's equity increased by about 57% compared to the end of 2022 to more than VND 13,316 billion. The company's liabilities were nearly VND 30,760 billion, down more than 35%. Of which, the company's outstanding bonds decreased by nearly 21%, down to about VND 12,500 billion.

In 2023, Vinpearl achieved a profit after tax of VND670 billion, equivalent to an average of VND1.83 billion per day. This is the second consecutive profitable year for this enterprise after a period of heavy losses due to the impact of the pandemic. However, Vinpearl's profit last year decreased by more than 80% compared to 2022.

Vinpearl is one of the leading service and resort brands in the domestic market. This enterprise used to have 45 facilities under the Vinpearl brand in 17 provinces and cities. Currently, according to information published on the website, Vinpearl has 10 hotel and resort areas in Phu Quoc, Nha Trang, Hoi An and Quang Ninh.

Late last year, Vingroup Corporation had a resolution regarding the separation of Vinpearl and the establishment of a new company to reorganize the operations of its subsidiaries to optimize business operations. Vingroup plans to establish a new company, Ngoc Viet Trading and Business Joint Stock Company, in which the corporation will contribute 99.96% of the charter capital.

Anh Tu

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