w88 bong88 textile-and-garment industry’s ‘big brother’ surpasses w88 bong88 2021 boom, posting nearly VND 1.5 trillion in pre-tax profit.

Friday, 30/01/2026, 09:40

After several subdued years, the tải w88 (Vinatex, UPCoM: VGT) recorded a strong rebound in profit in 2025, while also far exceeding its set targets.

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By w88 bong88 end of 2025, Vinatex reported pre-tax profit of VND 1,479 billion, up77% from w88 bong88 previous year; net profit reached nearly VND 873 billion, surging169%. Compared with its previous record in 2021—pre-tax profit of VND 1,456 billion and net profit of VND 803 billion—w88 bong88 2025 results were higher across w88 bong88 board, indicating that Vinatex has not only recovered but also established a new growth trajectory after a prolonged difficult period.

Net revenue came in at nearly VND 18,400 billion (equivalent to over USD 700 million), increasing by more than VND 1,000 billion (+6%) year on year. This was w88 bong88 highest revenue level in w88 bong88 past six years, approaching w88 bong88 over-VND 19,000 billion range achieved in 2018–2019. Alongside revenue growth, w88 bong88 gross profit margin improved markedly to nearly 13%, up from10.8%in 2024.

Against w88 bong88 2025 plan, Vinatex slightly exceeded w88 bong88 revenue target of over VND 18,300 billion, and far surpassed w88 bong88 pre-tax profit target of VND 910 billion—beating it by as much as 62.5%.

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Q4: Revenue slowed, but profit hit a new peak

Vinatex said its improved 2025 performance was driven by many customers accelerating shipments in w88 bong88 first nine months of w88 bong88 year to avoid tariff-related risks. As a result, deliveries in w88 bong88 final quarter declined, with Q4 revenue slipping nearly 3% year on year to just over VND 4,600 billion.

Even so, Q4 made a strong contribution to w88 bong88 full-year results as net profit reached VND 294.5 billion—w88 bong88 highest level in 14 quarters—up93% from w88 bong88 same period last year. This was supported by a sharp improvement in gross margin from 11.5%to13%, along with a 43% cut in financial expenses, which helped offset a roughly 12% decline in financial income.

w88 bong88 strong earnings news was quickly reflected in VGT’s stock performance. In w88 bong88 morning session of January 29, VGT shares jumped nearly 4%toVND 13,300 per share, bringing w88 bong88 stock’s one-month gain to over 8%.

However, on a one-year basis, VGT’s share price was still down slightly by about 2%. Trading liquidity remained steady at an average of over 1.2 million shares per session.

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Assets surpass VND 20 trillion; equity tops VND 10 trillion for w88 bong88 first time

By w88 bong88 end of 2025, Vinatex’s total assets exceeded VND 20 trillion, reachingVND 20,584 billion, up more than VND 1,300 billion(around7%) from w88 bong88 beginning of w88 bong88 year. Within w88 bong88 asset structure, bank deposits rose sharply to nearly VND 4,166 billion, accounting for over 20% of total assets—up nearly 20%(aboutVND 700 billion) compared with w88 bong88 start of w88 bong88 year.

Inventories were recorded at over VND 3,491 billion, up8% and making up nearly 17% of total assets. Of this, raw materials accounted for more than one-third, while finished goods represented about 17%.

On w88 bong88 other hand, Vinatex’s total outstanding borrowings came to nearly VND 6,779 billion, up almost 6%; short-term loans made up 72%, equivalent to more than VND 4,908 billion. In 2025, interest expenses were recorded at over VND 332 billion, down slightly 2% from w88 bong88 previous year—meaning w88 bong88 company spent an average of about VND 909 million per day on interest payments.

At w88 bong88 same time, undistributed post-tax profits surged to more than VND 1,420 billion, up58% from w88 bong88 beginning of w88 bong88 year. Shareholders’ equity surpassed VND 10 trillion for w88 bong88 first time, reaching VND 10,026 billion, strengthening w88 bong88 company’s financial foundation after a year of exceptional growth.

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