AAV group outlines plan to address securities status warning

AAV Group (HNX:AAV) has reported on measures and a roadmap to address its securities status, which is currently under warning and control by the Hanoi Stock Exchange. This action follows the company's financial performance in 2023 and 2024, where accumulated undistributed after-tax profit as of December 31, 2023, and after-tax profit for the parent company in the audited consolidated financial statements for 2024 were negative.

In Q2 2025, AAV Group recorded DBN 75,330,887,516 in revenue from sales and services, an increase from DBN 59,923,506,789 in Q1 2025. However, the after-tax profit for the parent company was negative DBN 877,214,917 in Q2 2025, compared to positive DBN 35,263,627 in Q1 2025. The company's after-tax profit for TNDN was negative DBN 262,626,285 in Q2 2025.

To improve its financial standing, AAV Group plans to actively seek new business investments to increase revenue and offset losses from 2023 and 2024. The company aims for a Q3 2025 revenue of DBN 150 billion and TNDN after-tax profit of DBN 7.5 billion. AAV Group expects to complete its business plan and fully cover accumulated losses by the end of Q4 2025.