Finance - Banking

Hai Duong Lottery Company paid budget exceeding estimate

PV December 10, 2024 13:44

In 2024, Hai Duong Lottery One Member Co., Ltd. is estimated to pay the state budget 35 billion VND, exceeding 8.7% of the assigned estimate for the whole year and increasing by over 7% compared to 2023.

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In the 11 months of 2024, Hai Duong Lottery One Member Co., Ltd. achieved total revenue of nearly 144 billion VND.

In the first 11 months of the year, Hai Duong Lottery One Member Co., Ltd. achieved total revenue of nearly 144 billion VND. Revenue from lottery business accounted for nearly 98.6%, up over 7.2% over the same period last year.

The enterprise has paid over 32 billion VND to the state budget, reaching nearly 98% of the assigned estimate for this year and equal to the results achieved in the whole year of 2023.

This year, the company strives to achieve total revenue of about 157 billion VND, an increase of over 6% of the plan; pay over 35 billion VND to the state budget, an increase of 8.7% of the assigned estimate for the whole year, and achieve a profit of over 5.55 billion VND, an increase of 2.7% over the previous year.

Since the beginning of the year, the company has increased support for retail agents in key areas such as Hai Duong City, Chi Linh, etc. Currently, the company effectively maintains 450 agents throughout the province.

The above result is noteworthy because the market share of Hai Duong Lottery One Member Co., Ltd. has been narrowed by more than 30% due to competition from Vietlott lottery, which is mainly consumed online on cyberspace.

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Hai Duong Lottery Company paid budget exceeding estimate