AsemconnectVietnam - Dak Lak Rubber Investment Joint Stock Company (code DRI) has just announced its financial report for the second quarter of 2025 with accumulated profit after tax in the first 6 months of 2025 reaching VND76.8 billion, 2.5 times higher than the same period.

In the second quarter of 2025, DRI achieved VND113.3 billion in net revenue, a sharp increase of 81.4% over the same period in 2024. Thanks to the cost of goods sold increasing more slowly than revenue (up 75.6%), gross profit reached nearly VND38.7 billion, an increase of 93.7%.
In terms of expenses, this period, selling expenses and business management expenses increased by 36.8% and 109.9%, respectively, to VND6.5 billion and VND11.7 billion. After deducting corporate income tax, DRI recorded VND20.9 billion in after-tax profit in the second quarter of 2025, an increase of nearly 74% over the same period last year.
Accumulated in the first 6 months of 2025, Dak Lak Rubber Investment achieved VND318.4 billion in net revenue, an increase of 76.7% over the same period. Accordingly, after-tax profit increased by 2.5 times, reaching VND76.8 billion.
Overall assessment of the first 6 months of the year, DRI's Board of Directors said that despite some unfavorable weather conditions, the business results achieved were still higher than the same period in many previous years; the organization of investment in orchards and basic construction ensured progress.
On the other hand, some indicators are still low such as: rubber latex exploitation output and purchase of external latex; the ratio of exported goods to total rubber latex consumption output; rubber latex cost higher than planned; The replanted rubber area is unlikely to achieve the plan and the Company's long-term investment loan has not been completed yet...
At the end of the second quarter of 2025, the scale of the enterprise's assets increased by 12.8% compared to the beginning of the year, to VND822.6 billion. Accounting for 46.3% of DRI's total assets are fixed assets, at VND381 billion. In addition, the Company's cash and cash equivalents reached more than VND115.3 billion, up 42.1% and accounting for 14% of total assets. Inventories also increased sharply by 36%, up to VND151 billion and accounting for 18.3% of total assets.
On the other hand, DRI only had VND169 billion in liabilities, equal to 20% of total assets and up 22% compared to the beginning of the year. DRI's debt alone was nearly VND37 billion, all of which were short-term loans.
In another development, on August 15, the list of shareholders to pay the remaining 2024 dividend in cash will be finalized, at a rate of 5% (equivalent to VND500 per share). With 73.2 million outstanding shares, DRI will pay VND36.6 billion to shareholders. Of which, Dak Lak Rubber Joint Stock Company (Dakruco, code DRG) holding 45% of DRI's capital will receive nearly VND16.5 billion in dividends.
N.Nga
Source: VITIC/Tinnhanhchungkhoan