Hanoimilk has completed 69% of its annual plan, with both revenue and profit increasing.
- 4
- Brand
- 22:09 24/10/2023
DNHN - Hanoimilk achieved sales and service revenue of 496.4 billion VND and financial revenue of 2.6 billion VND during the first nine months of the year, an increase of 33% and 35%, respectively, compared to the same period the previous year.
Hanoi Milk Joint Stock Company (Hanoimilk, UPCoM: HNM) has just released its financial report for the third quarter of 2023, which includes several noteworthy results. The quarterly revenue from sales and service provision increased by 31% to 184.8 billion VND, while the cost of goods sold increased by 34% to reach 148.5 billion VND. During the period, financial revenue increased by 31% to nearly 660 million VND.
In contrast, financial expenses decreased by 44% to more than 1.8 billion VND compared to more than 3.2 billion VND for the same period last year. However, selling and corporate management expenses increased by 28% and 29%, respectively, during the same period.

According to the data presented above, Hanoimilk recorded a profit after taxes of more than 13.5 billion VND in the third quarter of 2023, a 22% increase over the same period in 2022.
Hanoimilk achieved sales and service revenue of 496.4 billion VND and financial revenue of 2.6 billion VND during the first nine months of the year, an increase of 33% and 35%, respectively, compared to the same period the previous year. The company's profit after taxes reached 38.6 billion VND, a 41% increase from the previous year, and 69% of the 56 billion VND goal set at the 2023 Annual General Meeting of Shareholders.
Hanoimilk's total assets reached 702.9 billion VND as of September 30, 2023, a 38% increase compared to the end of 2022, with short-term assets comprising nearly 72% of total assets. In contrast, Hanoimilk's total liabilities decreased by 26% to 251.9 billion VND, with bank loans decreasing by 75% from 128 billion VND to 32 billion VND.
P.V (t/h)
Related news
- Da Nang proposes semiconductor cooperation with Oregon (USA)
- Quang Tri calls for investment in wind power plant project worth over VND 1,100 billion
- Hanoi receives two million visitors during the four-day National Day holidays
- Multiple MoUs signed in Da Nang to boost semiconductor development
- UNDP Resident Representative hails Vietnam as an emerging economic powerhouse
- How the UAE Transformed from Oil Wealth to AI Leadership?
- Success in business is always a human story
- Mr. Le Viet Thang, CEO of 1Office: "Don’t use old solutions for new ai challenges"
- VinFast: a strategic pivot amid the green industry storm?
- 127 high-value projects post-merger: Ho Chi Minh City rolls out the red carpet for strategic investors
- Pakistani Ambassador to Vietnam: “Peace and unity are the strength to build the future.”
- Vietnam's Semiconductor Leap: Five Strategic Policies to Reach 2027 Goal
- What’s Vietnam’s game plan as President Trump pressures the Fed?
- SK Innovation and HD Hyundai (South Korea) step up cooperation with Khánh Hòa Province (Vietnam)
- Quang Tri attracts $96.5 mln in new projects in July
- A trade fair organizer surprises by joining the ranks of top-earning listed companies
- HDBank secures USD 215 million syndicated loan from JICA, SMBC, and FinDev Canada
- Samsung Electronics Vietnam inaugurates its first rooftop solar project at Bac Ninh Factory
- Promoting market development for science and technology products
- Sao Mai Group’s pangasius export segment embraces new opportunities
Đọc thêm Brand
Hoàng Hải Anh and his young peers launch MR. Burgers – a Halal dining destination in Hanoi
At the age of 18, Hoàng Hải Anh (Haris) and his friends have introduced MR. Burgers, bringing the clean Halal food experience to visitors in Hanoi.
SK Innovation and HD Hyundai (South Korea) step up cooperation with Khánh Hòa Province (Vietnam)
The new cooperation and investment expansion plans of South Korea’s leading conglomerates reaffirm Khánh Hòa’s growing appeal in the eyes of international investors.
A trade fair organizer surprises by joining the ranks of top-earning listed companies
Financial results for Q2 and the first half of 2025 have been announced by numerous companies listed on the Vietnamese stock market.
HDBank secures USD 215 million syndicated loan from JICA, SMBC, and FinDev Canada
HDBank has signed a syndicated loan agreement worth USD 215 million with three international financial institutions: Sumitomo Mitsui Banking Corporation (SMBC), FinDev Canada, and the Japan International Cooperation Agency (JICA).
Sao Mai Group’s pangasius export segment embraces new opportunities
IDI – a member of Sao Mai Group – is building its third factory, aiming to significantly enhance export capacity to capitalize on new opportunities in the U.S. market.
The foundational mark of pioneers in renewable energy amidst an evolving legal framework
Vietnam’s renewable energy journey was marked by bold early investment at a time when the legal framework was still taking shape.
LAMORI – The Spirit of Lam Kinh in Every Breath
LAMORI is more than a luxury retreat—it is a harmonious convergence of boundless nature and sacred historical roots.
The Đại Dũng Group: A 30-Year journey of developing a sustainable value chain
In the context of globalization and sustainable development trends, Đại Dũng Group stands out with its 30-year journey in the fields of mechanical manufacturing, construction, and steel structure.
Rediscovering connection – a journey of discovery at LAMORI
LAMORI Resort & Spa is more than just a retreat; it is a destination for souls seeking reconnection, where every moment brings a meaningful experience.
Southern Vietnamese woman takes Ngoc Linh netted rice paper to all corners of the world
The Cai Be craft village has long been famous for many specialties of the Southern region of Vietnam. However, if it weren't for an unexpected event over 20 years ago, people would not know how Ngoc Linh netted rice paper has spread globally.