Yen Bai Forest Products' profit after tax up 63% for fiscal year

Yen Bai Joint Stock Forest Agricultural Products and Foodstuff Company (HNX:CAP) reported a 63% increase in profit after tax for the fiscal year 2024-2025, reaching VND 50,390,436,724 compared to VND 30,921,885,524 in the previous fiscal year. This significant growth is attributed to a reduction in the cost of goods sold per unit, successful consumption of all inventory of tapioca starch from the 2024-2025 fiscal year, and increased sales.

The company has released its audited combined financial statements for the fiscal year ending September 30, 2025, which include the balance sheet, income statement, cash flow statement, and notes to the financial statements. These documents, along with an explanation letter detailing the profit increase, are available on the company’s website.

The audit, conducted by Nhan Tam Viet Auditing Company Limited, confirms a true and fair view of the company's financial position. The company also confirmed its compliance with corporate governance and information disclosure obligations under Vietnamese regulations.