AsemconnectVietnam - Nafoods Group (HOSE: NAF) recorded record revenue and profit in the second quarter of 2025 and the first 6 months of the year. At the same time, the company implemented phase 2 of the Nasoco project, expanding capacity to seize growth opportunities.

Revenue and profit in the second quarter hit new records
In the second quarter of 2025, Nafoods Group recorded net revenue of more than VND680 billion, the highest revenue quarter since its establishment. The company said that compared to the same period, net revenue increased by 54% thanks to strong growth in all industry groups, with key products such as passion fruit, crispy jackfruit, dragon fruit, etc.
Gross profit reached VND170.8 billion, up 25.5% over the same period. Gross profit margin reached 25.1%, down 5.8 percentage points year-on-year, but improved sharply compared to the previous quarter (16.9%). Profit after tax reached VND58.7 billion, up 14.7% year-on-year, also the quarter with the highest profit after tax since its establishment.
6 months completed 53% of the year's profit plan
Similarly, Nafoods Group's semi-annual revenue and profit after tax also reached new records. Specifically, in the first 6 months, Nafoods Group's net revenue reached nearly VND1,030 billion, up 37% year-on-year. Gross profit reached nearly VND230 billion, up 0.7% year-on-year. Sales and administrative expenses decreased by 24.1% and 2.4% year-on-year, respectively. Profit after tax reached VND71.6 billion, up 11.9% year-on-year.
With this result, after 6 months, Nafoods Group achieved 51.9% and 53.0% of the annual revenue and after-tax profit plans, respectively.
Leverage increased sharply, signed a contract to receive USD6 million in funding from a prestigious investment fund from Switzerland
As of June 30, 2025, the Company's total assets reached more than VND2,586 billion, an increase of 27.5% compared to the beginning of the year. Of which, short-term assets reached nearly VND1,532 billion, an increase of 54%, mainly due to a sharp increase in customer receivables and inventories. Long-term assets reached nearly VND1,055 billion, a slight increase of 1.6% compared to the beginning of the year.
On the other side of the balance sheet, the company's total liabilities reached nearly VND1,555 billion, an increase of 49% compared to the beginning of the year. Owner's equity at the end of the second quarter of 2025 reached VND1,031 billion, up 4.7% compared to the beginning of the year. The debt/equity ratio was 1.51 times, a sharp increase compared to 1.06 times at the end of the previous year.
In the Investor Newsletter for the second quarter of 2025, Nafoods said that after a rigorous evaluation and appraisal period lasting nearly a year, on June 30, 2025, Nafoods signed a contract to receive funding of USD6 million in secured loans from ResponsAbility Investments AG (RIAG) - a prestigious investment fund from Switzerland, specializing in investing in areas with sustainable impacts in emerging and developing markets.
“Receiving investments from prestigious international financial institutions, especially interested in sustainable development issues such as RIAG or IFC, Finnfund previously affirmed Nafoods' reputation, transparent governance platform, sound financial capacity and sustainable development orientation. This is also a testament to the Group's long-term growth potential and ability to create positive impacts on the environment and community”, said Nafoods Investor Newsletter.
Nasoco Project Construction Commencement - Phase 2
During the period, Nafoods also held the Groundbreaking Ceremony of Nasoco Factory Project - Phase 2 in Tay Ninh Province (formerly Long An).
According to Nafoods, the project not only contributes to improving the deep processing capacity of key industrial products such as concentrated juice, puree, IQF... for the international market, but also opens up opportunities to develop new product lines suitable for domestic consumption trends and demanding markets such as Europe, North America, Japan and Korea.
N.Nga
Source: VITIC/Tinnhanhchungkhoan