Duc Giang Chemicals Reports Highest Earnings in 10 Quarters, Over 12,000 Billion ‘Cash’ Held in Banks

Duc Giang Chemicals Corporation (HOSE: DGC) has announced its financial report for Q2 2025, recording a net revenue of 2,894 billion VND, up 15.6% year-on-year. Gross profit rose by 26.6% to 1,239 billion VND, with a gross margin improvement to 42.8%. Net profit after tax stood at 890.8 billion VND, a 2.3% increase, marking the highest level in 10 quarters. For the first half of 2025, total revenue exceeded 5,700 billion VND, with a net profit of 1,728 billion VND. In 2025, the company targets total revenue of 10,385 billion VND and a net profit of 3,000 billion VND, achieving approximately 54.9% and 52.6% of their targets, respectively. At year-end, the company had 12,000 billion VND in bank deposits, making up 66% of total assets. DGC shares also increased to 102,500 VND/share, with a market capitalization of nearly 39,000 billion VND.