Stock Analysis

Vietnam Manufacturing and Export Processing (Holdings) Reports Third Quarter 2023 Earnings

Simply Wall St

Published November 15, 2023

Vietnam Manufacturing and Export Processing (Holdings) (HKG:422) Third Quarter 2023 Results

Key Financial Results

Revenue: US$28.6m (down 15% from 3Q 2022).
Net income: US$523.1k (up from US$966.2k loss in 3Q 2022).
Profit margin: 1.8% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses.

SEHK:422 Earnings and Revenue History November 15th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

Vietnam Manufacturing and Export Processing (Holdings) shares are down 2.7% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Vietnam Manufacturing and Export Processing (Holdings) (1 shouldn't be ignored!) that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.