News · VnExpress

Đức Giang Chemicals Earns Nearly 2 Billion VND Daily from Bank Deposits

Đức Giang Chemicals earned about 528 billion VND in interest from bank deposits over nine months, or 1.9 billion VND per day, up 18% year on year. As of September 30, it held about 9,761 billion VND in cash and deposits, down more than 3,600 billion VND from the start of the year. Nine-month revenue fell 17.7% to 7,016 billion VND and after-tax profit dropped 46% to 1,369 billion VND, as raw material costs rose sharply and the Khai trường 25 mine stopped operating during an investigation, after the chairman and a vice chairman were arrested in March over alleged violations. Total assets were 16,514 billion VND at September 30, down 15% from the start of the year, and financial debt stood at 1,390 billion VND, all of it short-term.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Hóa chất Đức Giang thu gần 2 tỷ đồng mỗi ngày nhờ gửi tiền ngân hàng

Read the original on VnExpress ↗

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Related tickers and likely impact

DGC

▲ Likely positive

Ducgiang Chemicals

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorChemicals
IndustryCommodity Chemicals
Market cap12,647 bn VND
P/E5.9
P/B0.97
Close on 10/29/202633.30
Change that session+1.22%
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Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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