AsemconnectVietnam - Thanh Cong Textile Garment - Investment - Trading Joint Stock Company (code TCM) has just announced its business situation in May and the accumulated 5 months of 2025 with a profit level that has completed half of the yearly plan.

In May 2025, TCM's parent company recorded revenue of VND309.3 billion, a slight increase of 1% over the same period last year. After-tax profit reached VND29.2 billion, up 9% compared to May 2024.
This month's revenue mainly comes from three main product segments, including: garments accounting for 72.7%, fabrics accounting for 20.6% and yarn accounting for 5.4%. TCM said that revenue growth was partly due to domestic textile and garment enterprises tending to prioritize purchasing domestic fabrics to boost exports to EU and CPTPP markets, in order to take advantage of tax incentives, in the context of difficulties in exporting to the US due to the policy of increasing tariffs.
Thanh Cong's exports in May were mainly distributed to the Asian market with a proportion of 59.47%, of which Japan accounted for 16.53%, Korea 14.47%, Vietnam 12.95% and China 8.25%. The American market accounted for 35.4%, of which the US accounted for 19.67% and Canada 15.57%. The European market accounted for 5.2%, with the UK alone accounting for 4.78%.
Accumulated in the first 5 months of 2025, the Company's revenue reached VND1,607.5 billion, up 7% over the same period, completing about 36% of the yearly plan. Profit after tax reached VND138.7 billion, up 25% and completing approximately 50% of the annual plan.
Regarding orders, TCM said it has received nearly 80% of the revenue plan for the third quarter of 2025 and is preparing to receive orders for the fourth quarter. Faced with unpredictable developments in the global economy, especially tax policies from the US, the Company has proactively expanded its market to the EU, the Middle East, South America and CPTPP countries.
In addition, the Company has increased product diversification, especially segments that bring high added value, continued to promote productivity growth, optimize costs, and develop the domestic market to bring added value.
N.Nga
Source: VITIC/Tinnhanhchungkhoan