The Vietnam Exhibition Center JSC (VEF) just announced its Q2 2025 business results. Net revenue reached 4,861 billion VND, nearly 20 times higher than the same period last year; financial revenue was 581 billion VND, a 4-fold increase. Net profit recorded 349 billion VND, up 220%. In the first 6 months, net revenue totaled 44,565 billion VND, financial revenue 2,408 billion VND, and after-tax profit was 15,250 billion VND, up 8,372% year-on-year. However, total assets decreased from 105,107 billion VND to 36,243 billion VND, mainly due to inventory decreasing from 22,157 billion VND to 3,796 billion VND. VEF has lent about 11,000 billion VND at an interest rate of 12% per year. Additionally, debt decreased from 101,089 billion VND to 24,221 billion VND, while equity nearly tripled to 12,022 billion VND. VEF also distributed a cash dividend of 435%, equivalent to 43,500 VND/share, totaling 7,247 billion VND.
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