AsemconnectVietnam - TNG Investment and Trade Joint Stock Company (code TNG - HNX floor) estimates after-tax profit to reach VND315 billion in 2024, up 44% year-on-year and exceeding the annual plan by 2%.

By the end of 2024, TNG Investment and Trade estimates revenue to reach VND7,736 billion, up 9% year-on-year; after-tax profit is estimated to reach VND315 billion, up 44% compared to the implementation in 2023 and has completed 102% of the profit plan of VND310 billion in 2024.
In addition, in terms of revenue structure, 97% of total revenue comes from exports and only 3% comes from the domestic market. Of which, large markets such as the US account for 49.85% of total revenue; The French market accounted for 12.94% of total revenue; the Spanish market accounted for 6.67% of total revenue; the Canadian market accounted for 5.98% of total revenue; the Russian market accounted for 5.04% of total revenue; the German market accounted for 4.25% of total revenue and other markets. Regarding the order situation, as of the end of 2024, TNG Investment and Trade said that the order has been confirmed until June 2025 and the Company continues to negotiate to finalize the production plan for 2025.
Regarding the order situation, in order to achieve positive business results in 2024 and continue to sign orders until June 2025, TNG said that it has proactively sought out major customers in markets in the US, France, Germany... and from there established cooperative relationships with leading fashion retailers such as Decathlon, Columbia, The Children's Place, Sportmaster, and proactively sought domestic and foreign sources of raw materials, meeting strict market requirements and trade agreement standards and is approaching the ODM sales business method, consolidating long-term stable and sustainable development.
N.Nga
Source: VITIC/Tinnhanhchungkhoan