Quarter 3/2017: Hoa Binh has reached 68% in revenue and 74% in profit of the yearly plan.

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According to the consolidated financial statement in Quarter 3/2012 of tỷ lệ soi kèo bóng đá JSC, net revenue has reached VND4,203 billion,increased 43.1% compared to the same period of 2016 and rose 12.7% compared to the previous quarter; the profit after taxhas reached VND238 billion, raised 32.1% compared to the same period of 2016, increased 19.5% compared to the previous quarter.

In the first 9 months of this year, net revenue has reached VND10,960 billion; profit after tax has achieved VND616 billion, increased 56.5% and 92.8% compared to the same period of 2016respectively. According to the data in 9 months, the gross profit margin has achieved 10.4%, equivalent to 10.3% of the same period of last year. However, the net profit margin has achieved 5.6%, significantly higher than the figure of 4.6% in the same period of last year. The reason could be the management expense/sales ratio in the first 9 months of 2017 has fallen to 2.7% compared to 3.5% in the same period of 2016. If privately counting the corporate expenseratio(excluding provisioning expenses)/sales, this ratio in the first 9 months of 2017 is 2.4%,not much different with 2.5% in the same period of 2016. Meanwhile, the ratio of provision expenses to bad debts / sales was bettersignificantly, decreased to 0.3% compared to1.0% in the same period of 2016 because Hoa Binh hasreversed the amounts of provision expenses to bad debts in Quarter 3/2017. In addition, the profits from joint-venture companies and other profits also contributed to the improvement of the corporation’s net margin in these 9 months.

With the plan of 2017, the revenue of VND16,000 billion, profit after tax of VND828 billion has been approved by the General Assembly of Shareholders. After the first 9 months, Hoa Binh has achieved 68.5% of target revenue and 74.4 % of target profit after tax.