Dabaco Vietnam (DBC) exceeds 2024 profit plan by 5.5%
Monday, January 27,2025AsemconnectVietnam - Dabaco Vietnam Group Joint Stock Company (code DBC - HOSE) estimates pre-tax profit at VND857 billion, post-tax profit at VND770.15 billion in 2024 and plans to increase profit by 30% in 2025.
Dabaco Vietnam announced its estimated 2024 business results with pre-tax profit at VND857 billion, post-tax profit at VND770.15 billion, exceeding 5.5% of the profit plan of VND730 billion and increasing 29.8 times compared to the actual performance in 2023.
In 2024, the Company has put into operation and effectively exploited new projects, the most prominent of which is the Dabaco Thanh Hoa High-Tech Livestock Zone, becoming a core pig breeding farm with quality and reproductive productivity highest in the country up to now, averaging about 33-35 pigs/sow/year.
In addition, Dabaco Vietnam has vigorously implemented important approved projects including the Vegetable Oil Factory (Phase 2) with a capacity of 1,000 tons/day, the H2 route, and especially completed the construction investment and was granted a GMP-WHO Certificate of Good Manufacturing Practice for the Dabavet Vaccine Factory.
In 2025, Dabaco Vietnam plans to have a total revenue of VND28,759 billion, pre-tax profit of VND1,108 billion, an increase of 29.3% compared to the estimated implementation in 2024 and an expected after-tax profit of VND1,007 billion, an increase of 30% over the same period.
In particular, the Company plans to promptly put into operation the African swine fever vaccine production project, a strategic breakthrough, demonstrating Dabaco's pride and commitment to protecting the Vietnamese livestock industry.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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