SARA Vietnam profit up despite audit concerns over investments

SARA Vietnam Joint Stock Company reported a half-yearly profit after tax of VND 1,877,648,317 for 2025, an increase of VND 1,291,858,986 compared to the same period in 2024. This rise is primarily attributed to a VND 3,999,572,178 increase in financial revenue. The company’s unaudited profit for the first six months of 2025 was VND 1,436,748,510, which increased to VND 1,877,648,317 after auditing, following the exclusion of CIT expenses paid for 2024 (VND 929,865,690) and the addition of investment provisions for associated companies and other investments.

However, the semi-annual financial statements for 2025 were released with an audit exception from Nhan Tam Viet Auditing Co. The exception highlights that some associated companies, despite capital contributions totaling VND 181,318,000,000, have not yet fully formed or possess significant assets for business operations. The auditors noted insufficient basis to assess the reasonableness of these investments and their impact on the financial statements for the period.

The company explains this issue by stating that contracts for goods and equipment for the clinics are still underway, preventing the receipt of necessary items for clinic operations. SARA Vietnam reaffirms its commitment to transparency and accurate information disclosure, posting its financial statements and explanations on its website.