In Q4 2024, the parent company SBD recorded significant changes in its financial operations. Net revenue reached 150 billion VND, a 15% increase compared to Q4 2023. However, operating expenses also rose, particularly selling and management expenses, resulting in only a slight increase in gross profit. After-tax profit reached 30 billion VND, marking a 5% growth year-on-year. The company maintained a gross profit margin around 20%. The balance sheet shows total assets of 1,200 billion VND, with liabilities accounting for 30%, indicating relatively stable financial health. Positive cash flow from operating activities enables the company to invest in new projects for 2025. Additionally, the proposed dividend remains at 10% for the 2024 fiscal year, reflecting the company’s sustainable dividend policy. SBD continues to explore opportunities to expand market presence and improve production processes to enhance competitiveness.
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