MBG Group swings to VND 10.6bn profit

MBG Group Joint Stock Company reported net profit of VND 10.6 billion for the first half of 2025, compared to a VND 6 billion loss in the same period last year.

The turnaround was driven by revenue from goods and services jumping 64% to VND 171.1 billion. General and administration expenses plunged 92%, mainly due to lower provisions for investments and doubtful debts.