Song Hong Garment Joint Stock Company (MSH) aims VND900 billion pre-tax profit in 2026
Saturday, March 14,2026
AsemconnectVietnam - Recently, the Board of Directors of Song Hong Garment Joint Stock Company (HOSE: MSH) announced its business results for 2025 and simultaneously set several targets for 2026.
Accordingly, in 2025, MSH recorded revenue of VND5,538 billion and pre-tax profit of VND818 billion, representing increases of nearly 5% and over 50% respectively compared to the previous year. This result was achieved thanks to an increase in the gross profit margin from nearly 16% to over 21%. In addition, the company only incurred other losses of nearly VND7 billion, while in 2024 it incurred losses of over VND16 billion.
In addition, in the fourth quarter of 2025, Song Hong Garment's after-tax profit reached nearly VND203 billion, an increase of 17% compared to the same period. This also marks the second consecutive quarter that MSH has surpassed the VND200 billion profit mark for the first time. Notably, revenue decreased slightly by 3%, falling below VND1,400 billion, but profit maintained its growth momentum thanks to contributions from financial activities and cost reductions.
Looking ahead to 2026, MSH continues to set growth targets with revenue and pre-tax profit of VND6,000 billion and VND900 billion respectively, 8% and 10% higher than the previous year's performance.
The above business plan is expected to be presented at the annual general meeting on April 25th. The last registration date to attend the meeting is March 24th.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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