Dabaco Vietnam Group (DBC) announced its Q1 2025 financial results with revenue reaching 3.609 trillion VND, up 11% year-on-year. The gross profit reached over 817 billion VND, 2.3 times higher than Q1 2024, and the net profit after tax reached over 508 billion VND, a 600% increase from the same period. DBC has completed 50% of its annual profit plan for 2025, aiming for total revenue of 28.759 trillion VND and profit of 1.007 trillion VND. The increase in hog prices has contributed positively to DBC’s profit; Chairman Nguyen Nhu So stated that if pork prices remain above 60,000 VND/kg, the company will achieve a net profit of 1.5 trillion VND this year. DBC is actively expanding its livestock with several new farm projects and focusing on exporting the Dacovac-ASF2 vaccine. DBC stocks are currently trading at 27,250 VND/share, with a market capitalization of over 9.1 trillion VND.
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