Hoa Sen Group (HSG) has announced its financial report for the fiscal year 2024-2025, showing that in the fourth quarter (July 1 – September 30, 2025), net profit reached only 84.6 billion VND, down 69% compared to Q3, marking the lowest profit in four quarters. However, compared to a loss of 186 billion VND in the same period last year, this result is still considered favorable. Fourth-quarter net revenue reached 8.357 trillion VND, a decrease of 17.3% year-on-year, with a stable gross profit margin of 12.2%. By the end of the fiscal year, Hoa Sen’s net revenue was 36.538 trillion VND, a decrease of 7% from the previous fiscal year, but net profit was 731.5 billion VND, up 42.1%, achieving 146% of the target. The company’s financial health improved with short-term debt reduced by 18% to 4.404 trillion VND and inventory down 15.6%.
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