BAF Annual General Meeting: Profit Plan Doubles for 2024, Racing to Release 10 Million Marketable Pigs

On April 23, 2025, BaF Vietnam Agricultural Joint Stock Company (BAF) held its annual general meeting, announcing a revenue plan of 5.6 trillion VND for 2024, doubling from the previous year’s 3.2 trillion. The projected after-tax profit is expected to be 639 billion VND. BAF aims to market 10 million pigs by 2030, despite challenges like African Swine Fever and weather issues. However, they remain optimistic due to recovering market trends, an increase in pork prices, and reduced feed costs. BAF will not distribute dividends in 2024, focusing instead on reinvestment in the pig-farming sector. For 2025, the company expects to reach revenue of 1.1 trillion VND in Q1 by selling 160,000 pigs. They are modernizing pig farms and optimizing production costs for expansion. CEO Bùi Hương Giang emphasized a complete shift towards pig farming to meet high market demand.

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