Vietnam Manufacturing & Export Processing (Holdings) Ltd. (HK:0422) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Vietnam Manufacturing & Export Processing (Holdings) Ltd. reported a significant decline in its financial performance for the first nine months of 2024, with revenue dropping from $89.2 million to $61.2 million and a shift from a profit of $3.5 million to a loss of $1.9 million after tax. The company faced reduced gross profits and increased losses, highlighting challenges in the current market environment.
For further insights into HK:0422 stock, check out TipRanks’ Stock Analysis page.