Chemical Company Duc Giang Reports Highest Profit in 10 Quarters, Over 12,000 Billion ‘in Cash’ Kept in Banks

Duc Giang Chemical Group (DGC) announced its Q2 2025 consolidated financial report, with revenue reaching 2.894 trillion VND, a 15.6% increase compared to 2024, and net profit after tax hitting 890.8 billion VND, up 2.3%. This marks the highest levels in 10 quarters, achieving a gross profit margin of 42.8%.
For the first six months of 2025, the company recorded over 5.7 trillion VND in revenue, up 16.6%, and a net profit of 1.728 trillion VND, an increase of 9%. Duc Giang has completed about 54.9% of its revenue target and 52.6% of its profit target for the year.
The company is investing in new factories, with the plastic alkali plant in Nghi Son expected to be operational by Q2 2026, and the alcohol plant in Dak Nong already launched.
By the end of the year, Duc Giang has 12 trillion VND deposited in banks, up 1.5 trillion VND from the start of the year, representing 66% of its total assets. The DGC stock is currently priced at 102,500 VND/share on the stock market, with a market capitalization of nearly 39 trillion VND.

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