The German Chemical Group Joint Stock Company (DGC) has approved its production and business plan for Q3/2025, targeting a revenue of 2.907 trillion VND and a post-tax profit of 880 billion VND, up 19.2% year-on-year. The company plans to invest 600 billion VND in the Nghi Son project, 35 billion in the Dak Nong ethanol plant, 20 billion for mining upgrades, and 15 billion in Lao Cai. In Q2/2025, it reported a revenue of 2.894 trillion VND (up 15.6%), but its gross profit was only 981 billion VND due to a 26% increase in cost of goods sold. In the first half of 2025, total revenue reached 5.705 trillion VND and net profit was 1.728 trillion VND, fulfilling 57.6% of the annual plan. As of June 30, 2025, total assets increased by 14.4% to nearly 18.098 trillion VND, with 12.030 trillion VND in bank deposits. However, total liabilities rose by 36.4% to nearly 2.892 trillion VND.
Leave a Reply