VCA has recently announced its audited business results for 2024, showing significant changes compared to the previous year. In 2024, revenue reached 500 billion VND, an increase of 20% from 2023. However, operating costs also rose to 400 billion VND, leading to a modest profit increase of 5%, totaling 100 billion VND. Key factors affecting the business results include market expansion, rising competition, and fluctuations in raw material prices. The management believes the company is working to improve performance by optimizing production processes and enhancing marketing efforts. Additionally, VCA forecasts continued revenue growth in 2025 due to new product launches and important contracts signed. Despite challenges, VCA remains optimistic about the future and commits to enhancing innovation to maintain its competitive position.
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