The Thiên Long Group Joint Stock Company (TLG) has just announced its financial report showing a revenue of 4.186 trillion VND for 2025, an 11% increase from the previous year, driven mainly by strong export growth. However, net profit decreased by 2% to 450 billion VND due to a sharp rise in selling expenses to 1.239 trillion VND, a 61% increase from 2024, primarily from marketing and trade show activities. This reflects a strong investment strategy in sales and marketing to maintain market share. Although management expenses were reduced, the increase in selling costs impacted profitability. Notably, the financial report also reveals a commercial relationship with Kokuyo Co., Ltd. at a time when Kokuyo plans a significant investment in Thiên Long, transforming it into its subsidiary.
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