Saigon Beer - Alcohol - Beverage Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 30, 2024 at 09:42 pm EST
Share
Saigon Beer - Alcohol - Beverage Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was VND 8,520,387.13 million compared to VND 10,029,204.27 million a year ago. Net income was VND 966,518.94 million compared to VND 1,075,882.7 million a year ago.
For the full year, the company reported revenue was VND 30,461,367.282 million compared to VND 34,979,083.993 million a year ago. Net income was VND 4,255,052.995 million compared to VND 5,499,797.977 million a year ago.
Saigon Beer Alcohol Beverage Corp (Sabeco) is a Vietnam-based company primarily engaged in the alcohol and beverages sector. The Company's main business activities include the brewing of beer and ale; the wholesale trading of malt and other raw materials to breweries; the manufacture of soft drinks and other beverages, and the distilling of alcohol and wine. Sabeco, via its subsidiaries, is also involved in the wholesale trading and retail distribution of beer, wine and beverages. Its subsidiaries are also engaged in the manufacture, installation and maintenance of food product machinery, as well as the manufacture of metal cans, packaging and containers of drinks.