Vinasun’s 2022 profit almost seven times higher than target
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Vietnam’s leading taxi firm Vinasun posted VND185 billion (US$7.89 million) after-tax profit last year, which is 6.8 times higher than targeted.
The taxi operator recorded profits in all four quarters of 2022 after suffering losses in 2020 and 2021 due to the Covid-19 pandemic.
With efforts to recover the market in HCMC and the nearby Binh Duong and Dong Nai Provinces, and look for partnership opportunities in transport, technology and consumption sectors, the company earned revenues worth VND1.089 trillion last year, which is twice the figure of 2021.
By the end of last year, Vinasun’s total assets were worth VND1.836 trillion, up nearly 20% from the beginning of the year.
At the closing the session on January 19 before the Lunar New Year break, Vinasun (VNS)’s stock value increased by nearly 6.8%, to VND18,150 per share.
Questions & Answers
Q.How much profit did Vinasun make in 2022 compared to its target?
How much profit did Vinasun make in 2022 compared to its target?
Vinasun’s after-tax profit for 2022 was VND185 billion, or US$7.89 million. This figure was 6.8 times higher than the target the company had set for itself for the year.
Q.What was Vinasun’s total revenue for 2022, and how did it compare to the previous year?
What was Vinasun’s total revenue for 2022, and how did it compare to the previous year?
The company earned revenues worth VND1.089 trillion last year. This amount represents double the revenue figure that Vinasun recorded in 2021, showing significant growth.
Q.How did Vinasun’s asset value change by the end of 2022?
How did Vinasun’s asset value change by the end of 2022?
By the close of last year, Vinasun’s total assets were valued at VND1.836 trillion. This marks an increase of nearly 20% when compared to the value of its assets at the beginning of the year.
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