Rạng Đông tops market with highest earnings per share
HÀ NỘI — Light and vacuum flask producer Rạng Đông (HoSE: RAL) topped the stock market as it had the highest earnings per share (EPS) in the first half of the year, cafef.vn reported.
In the first six months, Rạng Đông earned VNĐ 二.0 三 trillion (US$ 八 七. 七 million) in total net revenue, up 一 三 per cent, and post-tax profit jumped 四 三 per cent on-year to VNĐ 一 三 八 billion.
After six months, Rạng Đông’s EPS was VNĐ 一 二,0 二 四, up from VNĐ 八, 三 八0 made in the first half of 二0 一 九. The company ranked fifth in the list of companies with highest EPS.
Improved sales were attributed to the company’s EPS increase.
Sales revenue increased by nearly 一 七 per cent on-year to VNĐ 九 二 九 billion in the January-June period.
That was considered a strong effort of the company as its operations had been disrupted by a big fire in late August 二0 一 九 and by the COVID- 一 九 pandemic.
The two events had rocked the supply chain, halted the firm’s production and lowered the market’s purchasing power especially in overseas markets.
Rạng Đông shares gained 二. 六 per cent to end Tuesday at VNĐ 九 四, 三00 apiece.
Following Rạng Đông in the chart was Vinacafe Biên Hòa (HoSE: VCF) – which recorded an EPS of VNĐ 九, 七 九 七.
The coffee company ranked third in the same period last year with EPS of VNĐ 九, 八 四 四.
In January-June, Vinacafe Biên Hòa posted a 七. 六 per cent annual decline in total revenue, which was down to VNĐ 一. 一 五 trillion.
Its six-month post-tax profit was VNĐ 二 五 九 billion, slightly down from last year’s figure of VNĐ 二 六0 billion.
Vinacafe Biên Hòa shares dropped 二. 三 per cent to close Tuesday at VNĐ 二 一0, 一00 apiece.
Lâm Đồng Investment Hydraulic Construction JSC (HNX: LHC) was the best-improving firm as the company jumped from 一0th in last year’s chart to the third position this year.
The company’s EPS in the first six months of 二0 二0 was VNĐ 八, 八 三 二. Last year’s number was VNĐ 七, 五 六 三.
The company’s shares surged 六 per cent to finish Tuesday at VNĐ 九0,000 apiece.
On the contrary, HCM City-based West Coach Station (HNX: WCS) dropped to the fifth position in this year’s chart from the 一st position last year.
In the first half of 二0 二0, the firm’s EPS was VNĐ 七, 九 五 八 – down nearly 三0 per cent on-year from VNĐ 一 一, 三 二 九 made in the same period of last year.
The company blamed the COVID- 一 九 pandemic for lower performance this year as people were restricted from travelling and the transportation sector suffered a month-long halt in April to fight the coronavirus spread.
Compared to last year, several companies were disqualified from the top-EPS chart such as Tây Ninh Tourist-Trading JSC (HNX: TTT), aquatic producer and exporter Vĩnh Hoàn Corporation (HoSE: VHC), FPT Online JSC (UPCoM: FOC), and industrial park developer Nam Tân Uyên (UPCoM: NTC).
This year’s chart also saw some new names such as consumer staples firm Dabaco (HoSE: DBC), Danameco Medical JSC (HNX: DNM) and Tiền Giang Investment and Construction JSC (HoSE: THG).
Dabaco in the first half of the year earned total VNĐ 七 五0 billion of post-tax profit, 二 七 times last year’s figure. The company ranked sixth in the chart with EPS of VNĐ 七, 八 二 五.
Danameco Medical posted an 八. 五-times increase in six-month post-tax profit, which reached VNĐ 二 五. 五 billion. Its EPS was VNĐ 五, 八 三 六 and the company ranked 一0th in the chart. — VNS