Lam Son Sugarcane (LSS) targets a 7% decrease in profit for 2025 – 2026
Monday, September 29,2025
AsemconnectVietnam - The above contents will be presented by Lam Son Sugarcane Joint Stock Company (code LSS) at the 2025 - 2026 Annual General Meeting of Shareholders held on October 21.
Based on the situation of sugarcane raw materials, production capacity, and forecasts that the market situation will continue to face many difficulties, and the selling price may decrease further, Lam Son Sugarcane sets a business plan for the fiscal year 2025 - 2026 with sales revenue reaching VND3,031 billion, an increase of more than 30% over the same period; but pre-tax profit decreased by 7%, to VND135 billion.
Lam Son's focus in 2025 - 2026 is to plan to strongly develop retail consumption activities, to release inventory, import-export activities to promote the development of the Lavina industry, maintain profits, dividends...
Specifically, the Company plans to expand development by over 11% of the area to stabilize the scale for the following year in conjunction with building a project to restructure new sugarcane varieties for the 2026 - 2027 crop; Prepare conditions for early production resumption for the rock sugar factory with the goal of increasing output by 28% over the same period; complete the beverage production line; manage well the operating and production costs for the domestic market and export for the Lavina factory.
Regarding the implementation of programs and projects, Lam Son prepares project documents to continue to implement according to legal guidelines, continuously liaise with the Provincial People's Committee and relevant departments to completely remove obstacles for the Thanh Tam bamboo ecological park project.
As for the Lam Son - Ba Thuoc Brick Factory upgrade project, the Company will sign a contract to supply machinery and equipment for the forming production line, boiler, carry out basic construction renovation and repair projects, survey the exploitation location, stabilize the organizational structure to put into operation before December 31, 2025.
Regarding the dividend payment plan, the Company has proposed a dividend plan for this fiscal year of 10%. Of which, the Company plans to issue nearly 4.3 million shares to pay at a rate of 5%. The total issuance value at par value is nearly VND43 billion, thereby increasing the Company's charter capital from VND857.4 billion to nearly VND900.3 billion.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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