In the first 6 months of the fiscal year 2024-2025, HSG achieved a production of 946,648 tons, revenue of 18.674 trillion VND, and a net profit after tax of 371 billion VND, completing 74% of the profit target. The average daily profit exceeds 2 billion VND, indicating high business efficiency despite market challenges. Compared to Q1, the gross profit margin rose from 11.8% to 12.7%. Financial expenses decreased by 8%, and selling expenses dropped by 13%, while financial revenue surged by 178%, mainly from export exchange rate gains. Q2 profit also increased by 24% compared to Q1, reaching 205 billion VND. Export activities were affected by trade investigations in the US, however, HSG continued to seek new markets and diversify its export products.
Leave a Reply