Vietnam’s VVMI La Hien profit slips 1% in 2017

VVMI La Hien Cement JSC reported a one per cent YoY decrease in its net profit to VND27.98bn (US$1.23m) in 2017.

The company’s revenue fell one per cent YoY to VND649.46bn in 2017.

In 4Q17 the Vietnamese cement producer saw a a more than two-fold rise of its net profit to VND18.37bn and a 12.3 per cent increase of its net revenue to VND221.79bn.