Vinamilk, Vietnam’s largest dairy maker, posted a quarterly record-high consolidated revenue of over 16.2 trillion VND (706.57 million USD) in the third quarter of 2021, up 4.1 percent year-on-year.

 

Its Q3 consolidated after-tax profit edged up 3.4 percent from a year earlier to over 2.96 trillion VND.

 

However, consolidated profit margin reached 42.9 percent, a slight decrease against the first half of the year, largely due to surging prices of input materials caused by global supply chain disruption and anti-dumping taxes imposed on some materials.

 

The company’s revenue from exports topped 1.55 trillion VND, equivalent to last year’s figure.

 

Its consolidated revenue and post-tax profit totalled nearly 45.18 trillion VND and 8.42 trillion VND, respectively, in the first nine months of this year, representing 73 – 75 percent of the yearly plan.

 

Vinamilk has been running a network of 17 dairy factories both in Vietnam and overseas, and 15 dairy farms with a total of close to 160,000 milch cows./.

VNA