According to an update from KB Securities (KBSV), Dabaco Group (DBC) expects to achieve a net profit of 400 billion VND in Q1 2025, an increase of 450% year-on-year, due to sustained high pig prices. However, prices may slightly decrease as farms begin to sell pigs, but supply is still limited due to African swine fever and new Livestock Law. DBC plans to expand its farm sizes across various provinces, aiming for a total of 60,000 breeding sows and an annual output of 1.2-1.5 million pigs. Additionally, Dabaco will launch its Dacovac-ASF2 vaccine on March 29, 2025, and develop a new oil production plant for export.
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