Duc Giang Chemicals reports nearly 837 billion VND in net profit in Q1/2025

Duc Giang Chemicals Joint Stock Company (DGC) recently announced its consolidated financial report for Q1/2025, with total net revenue reaching over 2,810.3 billion VND, an increase of 17.8% compared to the same period last year. Gross profit was nearly 980.2 billion VND, up 27.9%. Financial revenue was about 164.6 billion VND, slightly down from Q1/2024, while financial expenses decreased by 15.4% to 15.2 billion VND. Net profit reached nearly 836.8 billion VND, up 18.9%. Duc Giang plans to achieve a consolidated revenue of 10,385 billion VND and a post-tax profit of 3,000 billion VND for the year 2025, having completed 27.1% of revenue and 27.9% of profit targets in Q1. As of March 31, 2025, total assets increased by 4.4% to 16,516.1 billion VND, with term deposits accounting for 67.2%. Inventory slightly decreased to 5.8% of total assets. Total liabilities were 2,201.5 billion VND, an increase of 3.8% since the beginning of the year.

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