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Vietnam. Sabeco has increased profit after tax by 25% but net sales have grown by only 2%

In 2015, Sabeco received VND 3421 billions of profit after tax, which is 25% more than in 2014. At the same time net sales have grown by only 2% and amounted to VND 8081 billions.

The main source of this profit growth was the increase in income from financial activities by 21% and the reduce of the cost of sales by 15%.

In 2015, the income of Sabeco from financial activities increased by VND 644 billions. The profit increased by VND 572 billions due to the received dividends. Moreover, the company has returned 103 billion previously incurred financial costs.

The reduction of costs on advertising and market research saved VND 108 billions.

10 Mar. 2016

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