Vicostone JSC (VCS) projects Q4 2025 consolidated revenue to reach 1.067 billion VND, down 3% year-on-year, with a pre-tax profit of nearly 224 billion VND. For the entire year of 2025, it estimates consolidated revenue of 4.129 trillion VND, decreasing by 4.5%, and pre-tax profit at approximately 832 billion VND, down 13% compared to 2024. Vicostone stated that its production and business activities are significantly affected by the global macroeconomic environment, especially in key markets like North America and Europe. The real estate and construction sectors will continue to face difficulties with high property prices and rising material and labor costs, leading to decreased consumer demand and affecting profitability. However, Vicostone still achieved positive results in the U.S. due to restructuring its distribution system, reaching all states. In Canada, it experienced impressive growth through effective marketing. Despite challenges in Europe, its distributors still showed significant growth and the company expanded into Taiwan, India, and Japan. It also heavily invested in R&D for its new ECO Surfaces product line. The company’s debt load decreased to 334 billion VND while cash and cash equivalents stood at 1.188 trillion VND.
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