Dabaco estimates that its after-tax profit in 2024 will exceed the plan by 5.5%. In 2025, the company aims for after-tax profit of VND1,007 billion, an increase of about 30% compared to 2024.
Dabaco Vietnam Group Joint Stock Company (Stock code: DBC, HoSE) has just announced the Board of Directors' resolution on a number of contents approved at the meeting to evaluate the 2024 production and business results and approve the 2025 plan held on the afternoon of January 6. Dabaco has experienced 2024 with positive production and business results. Specifically, consolidated pre-tax profit is estimated at VND 857 billion, nearly 9 times higher than in 2023; after-tax profit exceeded the plan by 5.5%. Previously, Dabaco set a plan for 2024 to achieve total revenue of VND 25,380 billion and after-tax profit of nearly VND 730 billion; respectively increasing by 14% and 29 times higher than in 2023.
Dabaco Board of Directors meeting took place on January 6. Photo: Dabaco
Regarding the 2025 production plan, Dabaco sets a target of total revenue (including internal consumption) of VND 28,759 billion; pre-tax profit of VND 1,108 billion; after-tax profit of VND 1,007 billion - an increase of about 30% compared to 2024. Based on the above production plan, Dabaco's Board of Directors unanimously approved borrowing capital from banks and credit institutions. The total short-term, medium-term and long-term loan limit at banks, credit institutions and financial leasing organizations is decided by the Board of Directors based on the needs and actual situation. The Board of Directors agrees to pledge and mortgage the existing assets of the company and its member units to borrow capital for production and business activities in 2025 and to invest in the company's projects. In addition, Dabaco also guaranteed loans for its subsidiaries (100% owned by DBC) from banks and credit institutions to meet production needs in 2025. In another development, on December 27, 2024, the Finnish foreign fund - Pyn Elite Fund bought 2 million DBC shares through the stock exchange. Thereby, increasing the number of shares it holds from more than 19.4 million shares to more than 21.4 million shares, equivalent to an increase in ownership ratio from 5.8% to 6.4% of capital at Dabaco. Pyn Elite became a major shareholder of Dabaco from the end of May 2024. After that, this foreign fund continuously increased its ownership of DBC shares with the number at the beginning of September reaching more than 30.3 million shares (equivalent to a ratio of 9.06%). In October and November, the foreign fund continuously sold these shares. Source: https://antt.nguoiduatin.vn/dabaco-dat-muc-tieu-loi-nhuan-nam-2025-tren-1000-ty-dong-205250107152659658.htm
Comment (0)