CEO Group reports 68% jump in half-year profit, boosted by cost cuts

CEO Group Joint Stock Company (HNX:CEO) reported a VND 11,027 million increase in profit after tax for the first six months of 2025 compared to the same period in 2024, reaching VND 27,137,726,607. This 68.45% growth was attributed to a 3.21% rise in total revenue and income to VND 86,278 million, and a 12.36% decrease in total costs (including corporate income tax) to VND 59,141 million. These figures were detailed in the Reviewed Interim Separate Financial Statements for 2025.

The interim financial statements for the period from January 1 to June 30, 2025, were reviewed by Vietnam Auditing and Evaluation Co., Ltd. (VAE) and do not contain any qualifications. The company’s charter capital stands at VND 5,404,064,320,000, with shares listed on the Hanoi Stock Exchange. A resolution on May 8, 2025, approved a 100:5 stock dividend plan for 2024, expected to issue 27,020,321 shares, increasing the charter capital to VND 5,674,160,750,000 after issuance.