Son La Sugar: Q1 2026 operating profit slightly down despite revenue jump

Son La Sugar Joint Stock Company reported a net operating profit of VND 81.48bn for the first quarter of fiscal year 2026 (July 1, 2025, to September 30, 2025), a slight decrease from VND 83.69bn in the same period of the previous year. Revenue from sales of goods and services reached VND 298.94bn, exceeding the VND 178.52bn recorded in Q1 2025.

Current liabilities saw a decrease to VND 214.50bn from VND 355.94bn at the start of the quarter, primarily due to a reduction in short-term borrowings. Owners' equity stood at VND 1.65trn at September 30, 2025, down from VND 1.72trn at July 1, 2025. The company paid cash dividends at a rate of 150% of charter capital for fiscal year 2025 during this period.

Cash and cash equivalents at the end of the quarter significantly increased to VND 151.50bn, up from VND 3.20bn at the beginning of the period, largely driven by strong cash flows from operating activities.