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Targets being tweaked by prepared pharma


Targets being tweaked by prepared pharma
20:53 | 09/06/2021
illustration photo. Source: freepik.com
According to financial statements from Vietnamese pharma titans like DHG Pharmaceutical JSC, Traphaco JSC, and Imexpharm Pharmaceutical JSC (IMP), there were strong rises in both revenues and profit in the first months of 2021.
DHG, the biggest publicly-traded drugmaker, made consolidated revenue of $50 million, up from just over $40 million in the same period last year. Consolidated after-tax profit hit $8.87 million, up 15.24 per cent on-year.
Similarly, Traphaco, the country’s second-largest publicly-traded drugmaker, saw on-year rises of 20.87 per cent and 34.06 per cent in consolidated revenue and consolidated after-tax profit respectively during the period. IMP, Vietnam’s fourth-biggest, witnessed a 23.1 per cent on-year increase in before-tax profit in the first four months, while its net revenue rose 9 per cent. ....

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Morgan Stanley adds names of Vietnamese banks to Frontier Market Index


Morgan Stanley adds names of Vietnamese banks to Frontier Market Index
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 16/05/2021
  
08:03
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Many Vietnamese banks have made breakthroughs in recent times and have attracted the attention of leading financial institutions in the world.
The world s leading stock index research and analysis organization Morgan Stanley Capital International (MSCI) has decided to add SHB shares of the Saigon - Hanoi Commercial Joint Stock Bank to the portfolio of the MSCI Frontier Market Index. 
The MSCI Frontier Market Index consists of 81 component stocks selected from mid- and large-cap value stocks from 28 frontier markets (FM). These stocks account for about 85% of the total market capitalization adjusted for free transfer in each country. By April 30, 2021, V ....

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