Trang Corporation reports strong half-year profit growth, revenue up

Trang Corporation Joint Stock Company (HNX:TFC) announced its interim financial results for the first six months ending June 30, 2025, reporting a substantial increase in net operating profit to VND 78,349,517,663, up from VND 36,159,686,442 in the previous year. Profit after tax also saw a significant jump to VND 61,697,567,022, compared to VND 30,854,275,507 for the same period last year. This strong performance is primarily attributed to a considerable increase in orders, leading to higher revenue from sales of goods and services, which reached VND 439,340,987,933.

As of June 30, 2025, the company's total assets stood at VND 959,109,235,767, with current assets at VND 744,711,398,158 and non-current assets at VND 214,397,837,609. Owner's equity increased to VND 440,905,958,604, reflecting the period's profitability. The corporation primarily engages in industrial production, with key activities including manufacturing and processing aquatic products.

The interim financial statements, prepared on an accrual basis, highlight the company's compliance with Vietnamese Accounting Standards and the Vietnamese Enterprise Accounting System. General director Truong Van Quang, authorized by chairwoman Nguyen Minh Nguyet, confirmed the accuracy and fair presentation of the financial position and performance.