Dabaco’s Livestock Group Reaches Record Market Capitalization After Revealing Q2 Business Results

Dabaco Vietnam Group’s DBC shares rose 24% from early June, reaching 34,000 VND/share, with a market capitalization of 11.4 trillion VND. Company leaders forecast a post-tax profit of around 500 billion VND for Q2, 3.5 times higher than Q2 2024, due to live hog prices maintaining at 68,000 VND/kg. Dabaco aims for revenues of 28.759 trillion VND and post-tax profits of 1.007 trillion VND for 2025, targeting 38,000-40,000 trillion VND by 2030. The company is also planning to pay dividends soon due to favorable results. Additionally, Dabaco is increasing its breeding herd to 80,000 sows by 2028. It is investing in a second oil extraction plant with a capacity of 1,000 tons/day to enhance efficiency. For its Vaccine sector, a partner from the Philippines is testing on livestock, and Dabaco will assist with training. Lastly, Dabaco’s industrial complex project has been approved and is seeking further project approvals for a high-rise building.

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