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Vietnamobile Telecommunications Joint Stock Company (Vietnam)

Main Activities: Wireless Telecommunications Carriers (except Satellite)
Secondary Activities: Power and Communication Line and Related Structures Construction | Electrical Contractors and Other Wiring Installation Contractors | Wholesale Trade
Full name: Vietnamobile Telecommunications Joint Stock Company Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Vietnamobile is a Vietnamese mobile network operator. It is a joint-venture of Hanoi Telecom and Hutchison Telecommunication. According to the Ministry of Information and Communications, more than 90% market belongs to three state-owned giants Viettel, VNPT and Mobifone. The subject only occupies a small market share in the industry and it aims to attract subscribers with a low-cost strategy, often receives complaints of low signal even in major cities, the small number of branches and poor customer service quality.Data speak that the subject operated ineffectively. It suffers huge loss over years. Financial structure is risky with negative owner's equity. From public media, the subject achieved revenue of VND 772 billion in the first half of 2023, growing 0.2% over the same period of the last year and contributed VND 40 billion to the budget. This is the pioneer network in providing free (internal) voice calls to all customers.

Headquarters
6th Floor, King Building, No. 7, Chua Boc Street, Quang Trung Ward
Ha Noi (municipality); Red River Delta; Postal Code: 10000-14000

Contact Details: Purchase the Vietnamobile Telecommunications Joint Stock Company report to view the information.

Website: https://www.vietnamobile.com.vn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
May 12, 2016
Key Executives
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General Director
Ownership Details
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50%
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49%
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1%
Company Performance
Financial values in the chart are available after Vietnamobile Telecommunications Joint Stock Company report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
-0.12%
Total operating revenue
-0.12%
Operating profit (EBIT)
-67.55%
Net Profit (Loss) for the Period
-66.97%
Total assets
-9.62%
Total equity
-22.43%
Operating Profit Margin (ROS)
-60%
Net Profit Margin
-59.68%
Return on Equity (ROE)
4.89%
Debt to Equity Ratio
53.8%
Quick Ratio
0.03%
Cash Ratio
0.04%

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