Q3 sales, profits up at Vinamilk

Q3 sales, profits up at Vinamilk

Vietnamese dairy group Vinamilk has recorded an increase in earnings and sales in the third quarter.

In the three-month period, profit after tax was up 19.8%, the company reported in a Ho Chi Minh Stock Exchange announcement today (28 October).

The company attributed the increase to sales growth of 20.4% in the period and a change in the firm's "product consumption structure".

Vinamilk said it continued "managing and controlling costs effectively" during the period.

Click here to view the announcement.