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Revenue increased sharply, Nafoods Group started construction of Nasoco project phase 2

Nafoods Group recorded a sharp increase in revenue and profit in the first 6 months of 2025, especially in the second quarter with a leap in growth. At the same time, the company implemented phase 2 of the Nasoco project, expanding capacity to seize growth opportunities.

Báo Nghệ AnBáo Nghệ An07/08/2025

Construction of Nasoco project phase 2 commenced

Nafoods held the groundbreaking ceremony of the Nasoco Factory Project - Phase 2 in Tay Ninh province (formerly Long An ) at the end of July. The project contributes to improving the deep processing capacity of key industrial products such as concentrated juice, puree, IQF... for the international market. At the same time, it opens up opportunities to develop new product lines suitable for domestic consumption trends and demanding markets such as Europe, North America, Japan and Korea.

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Groundbreaking ceremony of Nasoco Factory Project – Phase 2 in Tay Ninh province. Photo: Nafoods Group

With large-scale investment, Nasoco applies a synchronous production line to improve the deep processing capacity of products such as concentrated juice, puree, IQF frozen products. Along with that, the factory is planned according to the "green factory" model: integrating energy saving solutions, water reuse, environmentally friendly waste treatment, and plans to install a solar power system towards low-carbon development.

Many encouraging signs from revenue

In the second quarter of 2025, Nafoods Group recorded net revenue of more than VND 680 billion, the highest revenue quarter since its establishment. The company said that compared to the same period, net revenue increased by 54% thanks to strong growth in all industry groups, with key products such as passion fruit, crispy jackfruit, dragon fruit, etc.

Gross profit reached VND170.8 billion, up 25.5% year-on-year. Gross profit margin reached 25.1%, down 5.8 percentage points year-on-year, but improved sharply compared to the previous quarter (16.9%). Profit after tax reached VND58.7 billion, up 14.7% year-on-year, also the quarter with the highest profit after tax since its establishment.

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Nafoods Group has completed a closed value chain for its products. Photo: PV

Similarly, Nafoods Group's revenue and after-tax profit for the first half of 2025 also reached new records. Specifically, in the first 6 months, Nafoods Group's net revenue reached nearly VND 1,030 billion, up 37% over the same period. Gross profit reached nearly VND 230 billion, up 0.7% over the same period. Sales and administrative expenses decreased by 24.1% and 2.4% over the same period, respectively. After-tax profit reached VND 71.6 billion, up 11.9% over the same period last year.

With this result, after 6 months, Nafoods Group achieved 51.9% and 53.0% of the annual revenue and after-tax profit plan, respectively.

Contract to receive 6 million USD sponsorship from prestigious investment fund from Switzerland

After a rigorous evaluation and appraisal period lasting nearly a year, on June 30, 2025, Nafoods signed a contract to receive funding of 6 million USD in secured loans from ResponsAbility Investments AG (RIAG) - a prestigious investment fund from Switzerland, specializing in investing in areas with sustainable impacts in emerging and developing markets.

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Nafoods Group recorded a sharp increase in revenue and profit in the second quarter of 2025 and the first 6 months of the year. Photo: PV

“Receiving investments from prestigious international financial institutions, especially interested in sustainable development issues such as RIAG or IFC, Finnfund affirms the prestige, transparent governance platform, sound financial capacity and sustainable development orientation of Nafoods. This is also a testament to the Group's long-term growth potential and ability to create positive impacts on the environment and community,” said a representative of Nafoods Group.

In the stock market, stocks have had consecutive sessions of strong price increases with impressive liquidity recently, demonstrating investors' interest in NAF stocks.

At the end of the trading session on August 1, 2025, NAF closed at VND 26,950/share, up 35% compared to the beginning of the year and up nearly 60% compared to the time of the US Government 's tariff information in early April. This is also the highest price of this stock in more than 3 years, since November 2021.

Source: https://baonghean.vn/doanh-thu-tang-manh-nafoods-group-khoi-cong-xay-dung-du-an-nasoco-giai-doan-2-10303986.html


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