Thanh Cong Textile (TCM) aims for over 20% revenue growth in 2026
Saturday, March 28,2026
AsemconnectVietnam - The Board of Directors of Thanh Cong Textile - Investment - Trading Joint Stock Company (TCM) has just approved the unaudited 2025 operating results and the 2026 business targets to be presented at this year's annual General Meeting of Shareholders.
Specifically, in 2025, Thanh Cong achieved VND3,644.4 billion in net revenue and VND271.3 billion in net profit, completing 80.5% and 97.3% of the annual plan respectively.
In 2026, the company aims for a 20.3% increase in net revenue compared to the previous year, reaching VND4,385.7 billion. Net profit is expected to increase by 8%, reaching approximately VND293 billion. This plan was put forward by Thanh Cong in the context of Vietnam's textile and garment export turnover in 2026 being expected to reach US$50 billion, an increase of approximately 8.7% compared to 2025.
In January 2026 alone, the parent company Thanh Cong recorded revenue of VND365.6 billion, equivalent to 105% compared to the same period in 2025, and after-tax profit of VND22.6 billion, equivalent to 87%.
The textile and garment revenue structure in the month came from three main segments, with garment products accounting for the largest proportion at 75.8% of total revenue; fabric accounting for 16.2% and yarn accounting for 7.6%.
In terms of markets, TCM's exports in January were mainly concentrated in Asia, accounting for 73.6%, with South Korea accounting for 30.24%, Japan 20.61%, and China 6.13%. The Americas market accounts for 19.2%, with the US at 14.21% and Canada at 4.53%. The European market accounts for 7.2%, with the UK at 3.86%. The domestic market accounts for 13.52%.
Regarding orders, as of early March, TCM has received nearly all orders for Q1/2026 and reached approximately 58% of its Q2/2026 order plan.
According to the plan, the company will hold its 2026 annual general meeting in April, based on the shareholder list finalized today (March 16th).
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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