Livestock Company Worth Over 9 Trillion Reports 600% Increase in Q1 2025 Profit, Achieves Over 50% of Annual Plan

Dabaco Vietnam Group (DBC) just announced its Q1 2025 financial report with revenue of 3.609 trillion VND, an 11% increase year-on-year. The company recorded a gross profit of over 817 billion VND, 2.3 times higher than Q1 2024, with a net profit of 508 billion VND, a dramatic 600% increase. In the first quarter, DBC has completed 50% of its 2025 profit plan with projected total revenue of 28.759 trillion VND and a profit target of 1.007 trillion VND, indicating the potential for a second consecutive year of profits exceeding a trillion in five years. The positive profit outlook is attributed to rising pork prices, with expectations of achieving 1.5 trillion VND in profit if pork prices maintain at 60,000 VND/kg. DBC is also considering a 25% dividend payout if Q2 results are favorable. The company is expanding its farming scale and developing the Dacovac-ASF2 vaccine, with a higher selling price due to its superior protection effectiveness. DBC shares are currently trading at 27,250 VND/share.