Saigon Plant Protection posts 472% profit surge

Saigon Plant Protection Joint Stock Company reported a 471.6% surge in parent company after-tax profit for Q2 2025, with consolidated profit rising 161.2% compared to Q2 2024.

The growth, equivalent to VND 7.6 billion and VND 20.3 billion respectively, stemmed from restructuring toward higher-margin products, tighter production standards, and reduced labor costs.

Selling expenses fell 54% for the parent company and 18.2% consolidated, reflecting streamlined operations.