Nagakawa Group's H1 profit soars 125% on cost-saving initiatives

Nagakawa Group Joint Stock Company announced a substantial rise in its consolidated after-tax profit, reaching VND 40,995,117,049 for the first six months of 2025, a remarkable 125.10% increase compared to VND 18,212,015,058 in the same period of 2024. This growth was accompanied by a 12.19% increase in consolidated net revenue from sales and services, rising to VND 1,863,750,649,720 in H1 2025 from VND 1,661,268,472,901 in H1 2024. The company attributes the improved performance to a significant increase in product quantity and effective cost-saving management policies.

Additionally, the consolidated income statement shows that net revenue from sales and services increased by 6.79% to VND 1,863,286,913,204 in H1 2025 from VND 1,744,752,366,215 in H1 2024. Profit after corporate income tax from the consolidated income statement also rose by 9.58% to VND 26,424,286,496 from VND 24,114,793,390 over the same period. The company emphasized that the profit increase was influenced by higher product sales, effective cost management, and overall labor efficiency.