The 2022 financial report of DCS indicates a positive business performance. Revenue for 2022 reached 1,200 billion VND, a 15% increase from 2021. The gross profit amounted to 300 billion VND, up 10% due to reduced production costs. However, management and selling expenses increased slightly, affecting the net profit, which only reached 150 billion VND, down 5% from the previous year. The total assets of DCS at the end of 2022 were 2,500 billion VND, with liabilities accounting for 40%. DCS has fulfilled all tax obligations and maintained bank loans at a safe level. The company continues to invest in research and development of new products to enhance quality and expand the market. DCS aims to achieve a revenue growth of about 20% in 2023 by boosting marketing and expanding distribution networks. However, DCS also faces risks from the market and fierce competition.
Leave a Reply