Dong Hai Joint Stock Company of Ben Tre Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 31, 2022 at 05:46 pm IST
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Dong Hai Joint Stock Company of Ben Tre reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was VND 970,707.69 million compared to VND 948,463.39 million a year ago. Revenue was VND 970,368.79 million compared to VND 948,463.39 million a year ago. Net income was VND 64,498.74 million compared to VND 87,605.54 million a year ago. Basic earnings per share from continuing operations was VND 800.8696 compared to VND 1,066.9565 a year ago. Diluted earnings per share from continuing operations was VND 696.5217 compared to VND 1,066.9565 a year ago.
For the nine months, sales was VND 2,996,313.51 million compared to VND 3,045,574.91 million a year ago. Revenue was VND 2,995,845.19 million compared to VND 3,045,572.54 million a year ago. Net income was VND 295,988.07 million compared to VND 389,147.47 million a year ago. Basic earnings per share from continuing operations was VND 3,677.3913 compared to VND 4,737.3913 a year ago. Diluted earnings per share from continuing operations was VND 3,197.3913 compared to VND 4,737.3913 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.