Yen Bai Company's Q4 profit soars 369% on strong market performance

Yen Bai Joint-stocks Forest Agricultural Products and Foodstuff Company reported an after-tax profit of VND 27,384,249,791 for the fourth quarter of fiscal year 2024-2025 (July 1, 2025, to September 30, 2025). This represents a substantial 369% increase compared to the VND 5,835,781,962 recorded in the same period of the previous fiscal year (2023-2024).

The company attributed this remarkable growth to a slight increase in cassava starch prices, which led to the consumption of all inventory products from the 2024-2025 fiscal year, and a decrease in the cost of goods sold per unit of product compared to the previous year. These combined effects propelled the after-tax profit on the combined financial statements higher than last year.

The company's total net revenues from sales and services rendered for the fourth quarter of fiscal year 2024-2025 stood at VND 181,286,775,240, with a gross profit of VND 42,889,225,737. Accumulated net profit before tax for the year reached VND 62,487,722,853, resulting in accumulated profits after corporate income tax of VND 50,410,380,961.