Large textile enterprise reports profit of over one hundred billion after 5 months, achieving 50% of annual plan

The Joint Stock Company for Textile, Investment, and Trade Thanh Cong (TCM) has recently announced its business results for May 2025 and the first 5 months of the year. Accordingly, in May 2025, TCM’s revenue reached over 309 billion VND, with a profit after tax of 29 billion VND, marking increases of 1% and 9% compared to the same period in 2024, respectively. Products from garment sales accounted for 72.7% of total revenue. Over the first 5 months, TCM’s total revenue reached nearly 1.608 trillion VND, a 7% increase year-on-year, fulfilling about 36% of its annual revenue target, while profit after tax amounted to nearly 139 billion VND, up 25%, achieving about 50% of the annual plan. This positive result comes amid a strong recovery in Vietnam’s textile industry, with an estimated export turnover of 17.58 billion USD, up 9%. Currently, the company is preparing for Q3 and Q4 orders while finding new markets to mitigate the impact of US tariffs. TCM is also focusing on diversifying its products to enhance value.