Hoa Binh reported cá cược bóng đá uy tín past 9 months net profit increased by 23%, making business cash flow positive again

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As of September 30th, 2021, bank loans decreased significantly and cash flow from business activities of Hoa Binh Construction (HBC) was positive again.

Hoa Binh Construction (HBC) has just announced cá cược bóng đá uy tín consolidated financial statements for cá cược bóng đá uy tín third quarter of 2021 with revenue of VND 2,094 billion, down from 2,635 billion in cá cược bóng đá uy tín same period of 2020. Deducting cost of goods, HBC gross profit of VND 116 billion, profit margin gross profit at 5.5%. During cá cược bóng đá uy tín period, expenses were cut sharply, especially management expenses reduced to only 1/3 at 34 billion dong.

After deductions, cá cược bóng đá uy tín company's net profit reached nearly 12 billion dong, improved compared to cá cược bóng đá uy tín loss of 14 billion in cá cược bóng đá uy tín same period last year. However, because there was no other sudden profit, HBC achieved 14 billion dong in net profit, a sharp decrease compared to cá cược bóng đá uy tín same period in 2020.

Accumulated in cá cược bóng đá uy tín first 9 months of 2021, HBC recorded net revenue of VND 7,536 billion, down slightly compared to cá cược bóng đá uy tín same period last year. After deducting expenses, cá cược bóng đá uy tín company earned a net profit of nearly 81 billion dong, up 23% over cá cược bóng đá uy tín same period.

cá cược bóng đá uy tín improved business situation becomes clear as continuously winning bids has reflected a significant increase in cá cược bóng đá uy tín stock price recently. Recently, HBC has just announced that it won two new projects in Hanoi with a total value of more than 2,000 billion VND. With these two new projects, HBC has raised cá cược bóng đá uy tín accumulated total value of winning bids from cá cược bóng đá uy tín beginning of cá cược bóng đá uy tín year to VND 16,054 billion, exceeding 14.6% of cá cược bóng đá uy tín target of VND 14,000 billion in 2021.

As of September 30th, 2021, bank debt has decreased significantly and cash flow from business activities of HBC has returned to positive. Specifically, short-term loans and long-term loans decreased by 15% and 11% respectively compared to cá cược bóng đá uy tín beginning of cá cược bóng đá uy tín year, to VND 4,232 billion and VND 129 billion.

In cá cược bóng đá uy tín market, HBC's shares also gained positive growth. Closing cá cược bóng đá uy tín session on October 29th, HBC hit cá cược bóng đá uy tín ceiling with 18,900 dong/share.

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