Dong Hai Joint Stock Company of Ben Tre Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021
January 28, 2022 at 04:58 pm IST
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Dong Hai Joint Stock Company of Ben Tre reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported revenue was VND 1,118,758 million compared to VND 865,771.29 million a year ago. Net income was VND 92,598.6 million compared to VND 154,446.82 million a year ago. Basic earnings per share from continuing operations was VND 1,120.8696 compared to VND 1,894.7826 a year ago.
For the full year, revenue was VND 4,164,330.53 million compared to VND 2,887,570.52 million a year ago. Net income was VND 481,340.23 million compared to VND 391,923.59 million a year ago. Basic earnings per share from continuing operations was VND 5,860 compared to VND 4,795.6522 a year ago.
DongHai Joint Stock Company of Bentre is a Vietnam-based company operating in the paper packaging industry. It is engaged in the manufacturing of carton boxes, as well as Kraft paper, cardboard paper and paper pulp. Together with its affiliate, the Company is engaged in aquaculture and the processing of seafood, such as shell fish, shrimps, pangasius fillets, squid and others. In addition, it is involved in the trading of printing machines, labels, decals, cards, paper materials, steel, aquaculture feeds, insulation sheets, linings and Polyethylene (PE) bags. On March 6, 2012, the Company reduced its holding in Bentre Seafood Joint Stock Company (Beseaco) from 54.67% to 46.61% stake, turning its sole subsidiary into an affiliated company. On June 28, 2013, the Company announced that it has divested all of its stake in Bentre Seafood Joint Stock Company.