Hung Hau Agricultural reports strong 2025 growth, eyes global expansion

Hung Hau Agricultural Corporation (SJ1) reported a consolidated after-tax profit of VND 32.72bn for fiscal year 2025, marking a 4% increase from 2024. Net revenue soared by 57% to VND 2.41tn, driven by a 36% rise in gross profit to VND 163.84bn. Financial income also saw a significant 51% increase to VND 12.20bn. However, operating expenses also climbed, with interest expenses up 44% to VND 20.39bn, selling expenses up 52% to VND 11.96bn, and administrative expenses rising 85% to VND 22.63bn. Corporate income tax expenses increased by 93% to VND 7.93bn.

Total assets grew 48% to VND 1.99tn by September 30, 2025, while owners' equity increased 73% to VND 625.67bn. The company proposes a 2025 dividend payout of 7.5% per share in cash, equivalent to VND 32.60bn.

Looking ahead to 2026, Hung Hau aims for a total revenue of VND 2.95tn and a pre-tax profit of VND 60bn, with a dividend payout ratio of 6-10%. Strategic initiatives include expanding into key markets like the US, China, and the Middle East, developing new high-value products, and enhancing production capacity at its factories, including new investments in machinery and technology. The company also plans to increase its board of directors from five to seven members for the 2025-2030 term.