AsemconnectVietnam - According to the 11-month business results of Thien Long Group Joint Stock Company (TLG - HOSE), the company generated VND3,808 billion in net revenue, a 9.8% increase compared to the same period last year.

Of which, Thien Long's domestic market revenue reached VND2,766 billion, a 9% increase, while the international segment brought in VND1,042 billion, an increase of nearly 13%. With these results, Thien Long has achieved 91% of its full-year revenue plan.
In the domestic market, although traditional retail channels continue to be affected by external factors such as changes in tax regulations, the anti-counterfeiting campaign, and the prolonged impact of storms and floods in many localities, overall consumer demand has been more stable in recent months.
This improvement stems from the positive contribution of modern channels, especially e-commerce, where revenue maintained strong growth and the customer base continued to expand. The positive developments in these channels helped to alleviate pressure on traditional channels and supported the sustained growth of the domestic market in the latter part of the year.
In the international market, the company recorded positive and significant revenue growth in November, with double-digit increases compared to the same period last year. This result comes from the recovery of orders in traditional export markets, along with Thiên Long's flexible production capacity, brand reputation, and proactive order management capabilities.
Although some Southeast Asian markets were still affected by natural disasters in the late third and early fourth quarters, the impact has gradually decreased, creating more favorable conditions for trade and revenue recording in recent months.
The aforementioned business results were announced amidst the news that Kokuyo Group (Japan) will acquire 65.01% of the shares of a Vietnamese stationery group, thereby becoming the parent company of Thien Long.
To complete this transaction, Kokuyo plans to acquire 100% of the capital of Thien Long An Thinh Company (TLAT), indirectly owning 46.82% of Thien Long Group's shares. Subsequently, the Japanese representative will continue to acquire an additional 18.19% of TLG shares through a public tender offer, subject to regulatory approval.
N.Nga
Source: VITIC/Tinnhanhchungkhoan