HSG recorded output of 1,941,694 tons, up 35% year-on-year, completing 112% of the business plan. Revenue reached VND39,272 billion, up 24% year-on-year, completing 109% of the business plan.
HSG's gross profit margin recovered from 9.7% in FY 2022-2023 to 10.8% in FY 2023-2024, helping gross profit reach VND 3,060 billion, up 39% over the same period.
HSG also recorded interest expenses and exchange rate differences, down 19%, from VND 314 billion in the 2022-2023 fiscal year to VND 254 billion in the 2023-2024 fiscal year.
Thanks to that, HSG's after-tax profit improved positively from VND 30 billion in the 2022-2023 fiscal year to VND 510 billion in the 2023-2024 fiscal year, completing 102% of the business plan.
In the current volatile market, HSG still maintains its output and market share, ensuring cash flow for production and business activities. All HSG factories, branches and stores nationwide are operating stably.
In the coming time, HSG will focus on enhancing the operational efficiency of the production system, domestic and foreign distribution systems; building appropriate business policies...
