According to the Board of Directors' report, IDI successfully maintained its traditional customer base in 2024 while expanding into high-potential markets, particularly the United States, benefiting from a significant reduction in anti-dumping duties.
Entering 2025, the company aims for growth driven by positive global economic signals and easing geopolitical tensions, which are expected to boost consumer purchasing power. IDI remains optimistic about Vietnam’s pangasius sector retaining its strong market position, thanks to its competitive pricing and high nutritional value.
For 2025, IDI has set a target of VND 8 trillion in net revenue and VND 170 billion in post-tax profit. The company will also accelerate investments in an integrated seafood production chain, fast-track the construction of the U.S. Seafood Processing Plant and the Sao Mai High-Tech Aquaculture Breeding Center, and expand exports to North America, Europe, and East Asia.
In 2024, IDI's business performance showed no significant recovery. The company reported a consolidated net revenue of VND 7.136 trillion, marking a 1.1% decline from 2023, while post-tax profit reached VND 72.6 billion, slightly down from VND 73.3 billion in the previous year. IDI fell short of its 2024 targets of VND 8.499 trillion in net revenue and VND 276 billion in post-tax profit.
Although the 2025 targets are lower than the initial 2024 plan, achieving them would represent a 12% increase in revenue and a 134% surge in profit compared to actual 2024 results.
The Board of Directors has proposed retaining 2024 profits for reinvestment and working capital, opting not to distribute dividends to ensure financial stability and prevent stock dilution.