First Company Reports Loss in Q2/2025

In the Q2/2025 financial report, Hanoi Liquor and Beverage Corporation (Halico) reported a revenue of 30.7 billion VND, up 26% year-on-year. Year-to-date, revenue reached 69.5 billion VND, an increase of 11.6%. Gross profit surged to 12.6 billion VND, with gross profit margin improving from 28.4% to 44.5%. However, the company posted a net loss of 75 million VND due to increased selling and administrative costs totaling 14.2 billion VND, a rise of nearly 28% from the previous year. For the first half, the cumulative net profit was 995 million VND, aided by 1.4 billion VND from asset liquidation. Halico aims for a revenue of 195 billion VND and a pre-tax loss of 8.14 billion VND for 2025. The company owns several well-known liquor brands, with Habeco being the largest shareholder holding 54% of the capital.

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