Searefico JSC (SRF) plans a 2025 revenue target of 2.7 trillion VND, based on a backlog exceeding 3 trillion VND. Projected revenue will reach 2.2 trillion, doubling from 2024, with a net profit of about 24 billion VND, 3.5 times higher. Chairman Le Tan Phuoc stated the company is focusing on quality projects with high technical content. In 2024, Searefico’s revenue surpassed 1 trillion VND, but profits dropped to nearly 2 billion VND. On the positive side, the excluded audit opinions decreased by 40%. Recently, Searefico partnered with Hoshizaki for cold equipment production in Vietnam and operated a logistics warehouse in Da Nang at full capacity. The construction of an EDGE & LEED certified industrial building is underway, expected to grow as the demand for land optimization increases. With these positive developments, SRF shares are close to lifting trading restrictions.
Leave a Reply