Cholimex Food JSC (CMF) reported a consolidated revenue of 4.075 trillion VND for 2025, up nearly 9% year-on-year, with a pre-tax profit of 355 billion VND, marking the highest profit since its establishment. The company has accumulated over 1.14 trillion VND in retained earnings and total assets of around 2 trillion VND. Since its listing in 2016, Cholimex has consistently paid dividends, ranging from 30% to 50% annually. The company boasts a wide distribution network and exports to 30 countries, primarily in the EU. In 2014, Masan attempted to acquire 49% of Cholimex for 90,000 VND/share but was rejected. Currently, CMF shares are trading at approximately 437,500 VND/share, five times the valuation from that year. Cholimex has enjoyed continuous growth for 15 years, validating its decision to compete rather than sell to Masan.
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