Biwase strives for total revenue of 4,760 billion VND in 2025

Reporting at the congress, Mr. Nguyen Van Thien, Chairman of the Board of Directors of Biwase, said that in 2024, the Vietnamese economy will face many difficulties and challenges both internally and externally. However, the Board of Directors of the company has proactively found timely solutions to overcome the difficulties. Although profits have not reached expectations due to the main reason being fluctuations in the USD exchange rate, most of the company's production and business plans and targets have been basically completed.

With great determination and efforts, most of the targets were completed and exceeded the Resolution of the 2024 Annual General Meeting. Specifically, total revenue reached 4,387 billion VND, profit after tax was 568 billion VND, water revenue reached 2,562 billion VND, water loss rate was 4.8%. Notably, in 2024, Biwase Long An successfully issued a bond lot worth 700 billion VND with a fixed interest rate of 5.5%/year, the best interest rate on the current bond capital market...

Delegates attending the 2025 Annual General Meeting of Shareholders

With the achieved results, Biwase continues to be honored with awards such as: "Enterprise with typical M&A deals in 2023 - 2024"; Forbes Magazine (USA) honored "Top 50 best listed companies in Vietnam 2024". This is the 5th consecutive year that Biwase is the only company representing the Vietnamese water industry to be honored thanks to maintaining stable and sustainable growth...

The congress approved the 2025 production and business plan. Accordingly, Biwase set a target of total revenue of VND 4,760 billion, commercial water output of 220 million m3, striving to increase more than 20,000 connected customers, water loss rate below 4.8%, dividend of 12% - 13% of charter capital...

MINH DUY - XUAN THI

Source: https://baobinhduong.vn/biwase-phan-dau-tong-doanh-thu-nam-2025-dat-4-760-ty-dong-a344186.html