In link 188bet second quarter, TSC received more than 84 billion dong of profit from link 188bet merger with Khanh Hoa Mineral Water (Vikoda) after this business officially became a subsidiary from link 188bet end of June.
Can Tho Agricultural Technical Materials Joint Stock Company (stock code: TSC) has announced its financial statements for link 188bet second quarter of 2021 and link 188bet first 6 months of 2021 with high revenue and profit over link 188bet same period.
Specifically, in link 188bet second quarter alone, net revenue reached 108.5 billion dong, gross profit reached more than 22 billion dong, slightly increased over link 188bet same period. Notably, financial activities brought TSC nearly 222 billion VND, a sharp increase compared to 1.3 billion VND in link 188bet same period.
Although financial costs also increased, joint venture activities suffered a loss of nearly 5 billion dong, yet thanks to large financial revenue, TSC’s profit after tax was 123 billion dong, 20.5 times higher than in link 188bet second quarter of 2020. Parent company’s NPAT is nearly 115 billion dong, equivalent to EPS of 778 dong.
Accumulated in link 188bet first 6 months of 2021, TSC reached 254 billion dong of net revenue, NPAT was nearly 124 billion dong, 14 times higher than link 188bet first half of last year. EAT of parent company is 115.6 billion dong, equivalent to EPS of 783 dong.
In 2021, TSC sets a revenue target of 519.7 billion dong, pre-tax profit of 46.4 billion dong, double that of 2020.
Thus, along with this plan, by link 188bet end of link 188bet second quarter of 2021, TSC has completed 48.8% of link 188bet revenue target and 275% of link 188bet profit plan.
As of June 30, 2021, TSC’s total assets reached more than VND 2,245 billion, up 12.7% compared to link 188bet beginning of link 188bet year with link 188bet main contribution being short-term financial investments, which decreased sharply from VND 626 billion to VND 626 billion. link 188bet remaining VND 183 billion due to link 188bet investment in buying convertible bonds of VND 512 billion of Lotus Vietnam Investment and Trading Joint Stock Company, link 188bet company has completed link 188bet bond settlement in link 188bet form of interest with link 188bet interest rate of 5%/year. Besides, TSC’s commercial advantage increased from 5.8 billion dong to 626 billion dong.
link 188bet short-term effects of this restructuring process can be seen when TSC’s revenue and profit decline in link 188bet next 3 years from 2017 to 2019.
Instead of expanding in breadth, TSC focuses its resources on industries with competitive advantages and long-term potential. Specifically, TSC has properly positioned its products to have appropriate strategies, promote R&D to create more added values.
Typical for link 188bet success of link 188bet structural process is link 188bet premium natural mineral water product (Vikoda). This is link 188bet product that embodies link 188bet philosophy of bringing high value, purity to human health and being friendly to link 188bet environment.
