Illustrative image (Source: VNA) Hanoi (VNA) – TheAirports Corporation of Vietnam (ACV) earned trillions of VND in revenue in theinitial three quarters of this year.
Specifically, it earned over 3.9 trillion VND (169.5million USD) from sales and services just in the third quarter, raising thetotal to about 12 trillion VND between the beginning of this year to September30, up 15.8 percent year-on-year.
Revenues from financial activities hiked from893 billion VND in 2017 to over 1.1 trillion VND this year. Profits inaffiliated companies reached 257 billion VND, up 43 percent.
By the end of the third quarter, ACV’s after-taxprofit for the year so far had topped 4.9 trillion VND, up 67 percent annually.As of September 30, 2018, its total assets reached more than 53.5 trillionVND.
ACV leaders attributed the growing revenue toincreasing passenger and cargo volume at airports and rising aviation service feesin line with the Decision No.2345/QD-BGTVT by the Ministry of Transport.
Economists forecast that ACV could increase itsrevenue by an additional 1.081 billion VND each year thanks to the new aviationservice fees. –VNA
Specifically, it earned over 3.9 trillion VND (169.5million USD) from sales and services just in the third quarter, raising thetotal to about 12 trillion VND between the beginning of this year to September30, up 15.8 percent year-on-year.
Revenues from financial activities hiked from893 billion VND in 2017 to over 1.1 trillion VND this year. Profits inaffiliated companies reached 257 billion VND, up 43 percent.
By the end of the third quarter, ACV’s after-taxprofit for the year so far had topped 4.9 trillion VND, up 67 percent annually.As of September 30, 2018, its total assets reached more than 53.5 trillionVND.
ACV leaders attributed the growing revenue toincreasing passenger and cargo volume at airports and rising aviation service feesin line with the Decision No.2345/QD-BGTVT by the Ministry of Transport.
Economists forecast that ACV could increase itsrevenue by an additional 1.081 billion VND each year thanks to the new aviationservice fees. –VNA
VNA
