Vietnam Dairy Products JSC (Vinamilk)

Global review

Opening up the equity market

(Dec 13): Vietnam is said to be the biggest beneficiary of the US-China trade war, which boosted its economy by almost 8% y-o-y in the first quarter of 2019, according to some estimates. But the country had already experienced an economic boom in recent y

Results

F&N posts 9% higher 3Q earnings of $50.3 mil on higher soft drinks and dairy sales

SINGAPORE (Aug 7): Fraser and Neave reported 3Q19 earnings of $54.8 million, 9% higher than the earnings of $50.3 million a year ago in 3Q18.

Broker's Calls

Value seen in F&N despite tough market for beer and print businesses

SINGAPORE (May 24): RHB Research likes Fraser & Neave even though the operating environment is tough for its beverage and print business.

Vietnam state investor to sell 3.33% of Vinamilk on Nov 10

HANOI (Oct 16): Vietnam’s state investor on Monday said it plans to sell 3.33% of Vietnam Dairy Products JSC (Vinamilk) on Nov 10, without the restrictions that applied to a similar sale last year when only a portion of the offering sold.

Fraser & Neave seeks to beef up Vinamilk stake

SINGAPORE (Sept 27): Fraser & Neave is seeking to buy an additional 1.5% stake in Vietnam Dairy Products, according to market talk.

How F&N’s earnings can find nourishment in Vinamilk

SINGAPORE (March 24): RHB Research is confident that Fraser & Neave’s (F&N’s) recent move to increase its stake in Vietnam Dairy Products, otherwise known as Vinamilk, is to power the group’s earnings growth ahead. 

F&N seeks acquisitions to bolster market share in South-east Asia

SINGAPORE (Aug 17): Fraser & Neave, the drinks-maker controlled by Thailand's richest man Charoen Sirivadhanabhakdi, is searching for acquisitions to bolster its market share in Southeast Asia after its war chest grew to nearly $1 billion with sales o
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