Tipharco reports 94% profit plunge in first half

Tipharco Pharmaceutical Joint Stock Company reported profit after tax of VND 635,547,474 for the first half of 2025, down 94% from VND 10,002,638,250 in the same period last year.

Net revenue fell 17% to VND 124,247,993,893 while gross profit dropped 31% to VND 24,131,221,911.

The company blamed reduced consumer demand, exchange rate volatility, rising input costs and increased competition for the sharp declines.