Last year, Vinpearl Joint Stock Company reported a profit after tax of 670 billion VND, averaging more than 1.8 billion VND per day. This information was disclosed in a recent report sent to the Hanoi Stock Exchange (HXN). By the end of December 31, Vinpearl’s equity had increased by about 57% compared to the end of 2022, reaching over 13,316 billion VND. The company’s liabilities decreased by more than 35% to nearly 30,760 billion VND, with outstanding bond debt decreasing by nearly 21% to about 12,500 billion VND.
For the whole year of 2023, Vinpearl is expected to achieve a profit after tax of 670 billion VND, equivalent to an average of 1.83 billion VND per day. This marks the second consecutive profitable year for the company following a period of losses due to the pandemic. However, Vinpearl’s profit last year saw a decrease of over 80% compared to 2022. Vinpearl is a prominent service and resort brand in the domestic market, with 10 hotels and resorts currently operating in Phu Quoc, Nha Trang, Hoi An, and Quang Ninh.
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