Vinatex (VGT) sets profit target VND1,200 - VND1,500 billion in 2026
Thursday, January 8,2026
AsemconnectVietnam - In 2025, Vinatex's consolidated profit is estimated to reach VND1,355 billion, the second highest in its 30-year history. Looking ahead to 2026, based on market forecasts, the Group aims for a consolidated profit of VND1,200 - VND1,500 billion.
According to the latest information from the Vietnam Textile and Garment Group (Vinatex, ticker VGT), the textile and garment market in 2025 will face a mix of favorable and challenging conditions. However, with flexible solutions, Vinatex has achieved an estimated consolidated revenue of VND18,890 billion, equivalent to 103.2% of the annual plan; Consolidated profit is estimated at VND1,355 billion (the second highest in the past 30 years, only after 2021) and 149% of the annual plan.
Over the past year, Vinatex has intensified its marketing efforts, expanding its customer base and new markets for the yarn industry such as South Korea, India, Türkiye… instead of focusing primarily on the Chinese market as before. The garment industry continues to improve, focusing on the mid- and high-end segments and technically challenging areas.
In addition, with the niche market of flame-retardant fabrics, the signing of the agreement to establish a strategic alliance between Vinatex and Coats, and the cooperation agreement between the alliance and Duc Giang Corporation – JSC, officially joins the supply chain of protective products with commercial orders.
Based on the market situation in the fourth quarter and market forecasts and research, Vinatex has developed operational scenarios, focusing on improving the overall productivity of businesses within the system to ensure flexible and effective management. Specifically, in 2026, Vinatex aims for consolidated revenue of VND20,000 billion and consolidated profit of VND1,200 billion - VND1,500 billion.
The Group considers this a relatively challenging plan, as the issue of reciprocal tax remains uncertain and the market has not yet shown signs of sudden growth.
However, to achieve the 2026 target, the Group will focus on boosting the efficiency of its effective business areas, maximizing their utilization and generating better returns on assets, including both tangible and intangible assets such as technology, brand, and human resources. Simultaneously, focus on the quality of growth, uniformity in competitiveness, and business efficiency of enterprises within the Group.
In addition, Vinatex has fundamentally established a digital management infrastructure for key enterprises, directly linking them in real time to the parent company; organizing, exploiting, and effectively operating the Group-wide digital business data center; and promoting research and development of new products at strong units and the parent company to create breakthroughs for the entire system.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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