Kien Hung posts half-year profit, subsidiary declared bankrupt

Kien Hung Joint Stock Company VN announced its half-yearly financial statements for 2025, showing a profit after corporate income tax of 39,904,908,578 dong. The company’s total assets stood at 354,879,931,829 dong as of June 30, 2025. Key financial movements included total revenues from sales and services rendered of 369,973,732,295 dong and financial income of 992,439,847 dong.

A major development impacting Kien Hung is the bankruptcy declaration of its subsidiary, Aoki Seafood Company Limited. This follows a decision by the People's Court of Kien Giang Province and a resolution from Kien Hung's Board of Directors. As a result, Kien Hung will discontinue the preparation and disclosure of consolidated financial statements for the fiscal year ending December 31, 2025.

Additionally, Kien Hung issued 1,813,602 shares, equivalent to 18,136,020,000 dong, to pay dividends to shareholders, increasing its charter capital to 139,045,710,000 dong.