Vinafreight sees profit jump 24% in first half 2025

Vinafreight Joint Stock Company reported a consolidated net profit after tax of VND29,581,031,621 for the six-month period ended June 30, 2025. This represents a significant 24% increase compared to the VND23,830,595,062 recorded in the same period of the previous year. The growth is primarily attributed to a 12% rise in consolidated profit before tax, reaching VND39,289,592,499 from VND34,949,309,294, and a 13% decrease in corporate income tax expenses.

Revenue from rendering services for the first half of 2025 totaled VND742,518,368,613, with a net revenue of VND727,963,532,521 after deductions. The company's basic earnings per share also saw an increase, climbing to VND847 from VND567 in the prior year period. As of June 30, 2025, total assets stood at VND876,786,012,805, with current assets at VND485,859,542,140 and long-term assets at VND390,926,470,665.

The board of management approved these interim consolidated financial statements on August 29, 2025. The statements were reviewed by PwC (Vietnam) Limited, which issued an unqualified conclusion, indicating that the financial statements present fairly, in all material respects, the financial position and performance of the Group.