Nagakawa Group reports strong half-year profit, issues share dividend
Nagakawa Group JSC reported a remarkable 125.10% increase in after-tax profit for the first six months of 2025 for the parent company, reaching 40,995,117,049 Vietnamese dong, up from 18,212,015,058 Vietnamese dong in the same period of 2024. Consolidated after-tax profit also rose by 9.58% to 26,424,286,496 Vietnamese dong from 24,114,793,390 Vietnamese dong. This robust growth is primarily driven by successful sales promotions, leading to a 56.8% surge in air conditioner sales volume for the parent company and a 45% increase for the consolidated group, boosting net revenue by 12.19% to 1,863,750,649,720 Vietnamese dong for the parent company and 6.79% for the consolidated group.
The company's strategic cost management initiatives further contributed to the improved profitability. Additionally, Nagakawa Group issued 28,608,050,000 Vietnamese dong in dividends through share issuance on July 4, 2025, distributing 2,860,166 new shares and increasing total outstanding shares to 38,620,233.
These financial results were verified by Human Heart Vietnam Auditing Co., Ltd. and align with the company's financial report for the first six months of 2024.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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