AsemconnectVietnam - Thanh Cong Textile Garment - Investment - Trading Joint Stock Company (TCM) has just announced its business results for the first 5 months of 2026, with revenue growing by 2% compared to the same period last year, but profit decreasing by 32%.

Specifically, in the first five months of the year, the parent company, Thanh Cong Textile and Garment, recorded revenue of VND1,607.5 billion, an increase of 2% compared to the same period in 2025 and reaching approximately 38% of the 2026 plan. The parent company's after-tax profit in the first five months of 2026 reached VND94.1 billion, a decrease of 32% compared to the same period in 2025 and reaching approximately 32% of the 2026 plan.
The company's textile and garment revenue in the first five months of 2026 came from three main segments: garments accounted for 71%, fabrics 20%, and yarn 8% of total revenue.
Regarding orders, the company stated that it has received approximately 75% of its Q3 order plan. It is currently receiving orders for Q4 and expects to continue fulfilling them in the coming period.
In 2026, TCM plans to achieve revenue of VND4,385.7 billion and after-tax profit of VND292.9 billion. The company anticipates export growth to the Japanese and Korean markets, while also seeking new customers and markets, diversifying products, and investing in high value-added products to contribute to revenue and profit growth, thereby creating added value for shareholders and investors.
Regarding markets, TCM stated that in the first five months of 2026, the Asian market accounted for the majority (64.1%), with South Korea accounting for 22.9%, Vietnam 15.4%, Japan 14.4%, and China 6.6%. Next is the American market, accounting for 25.7%, with the US market accounting for 18.4% and Canada 7%. The European market accounts for 9.3%, with the UK market accounting for 5.1%.
Besides traditional products, TCM stated that it has been actively diversifying its product range, especially focusing on environmentally friendly and high-value recycled products to enhance the product value chain. It is investing in custom design and private label design, aiming towards ODM (Original Design Manufacturer).
Furthermore, it is focusing on expanding its customer base in markets with significant growth potential, as well as seeking and expanding into new markets to increase revenue, particularly in textiles, to take advantage of preferential rules of origin under Free Trade Agreements (FTAs).
N.Nga
Source: VITIC/Bao Tai chinh – Dau tu