Vĩnh Hoàn Corporation (stock code: VHC – HoSE) has outlined an ambitious business plan for 2025, targeting revenue of VND 13,800 billion (up 10.3% from 2024) and after-tax profit of VND 1,500 billion (up 22.3%). This follows a successful 2024, where the company recorded revenue of VND 12,513 billion (exceeding 109% of the plan) and after-tax profit of VND 1,226 billion (surpassing 123% of the VND 1,000 billion profit target). The 2025 Annual General Meeting of Shareholders is scheduled for April 24 in Ho Chi Minh City to discuss these plans.
On the investment front, Vĩnh Hoàn plans to allocate VND 830 billion in 2025 to upgrade machinery, expand Collagen production, improve factories, invest in fruit processing, aquatic feed, and farming areas. Regarding dividends, the company maintains a 20% cash dividend policy for both 2024 (already pre-paid by the end of 2024) and 2025.
Additionally, the company faces some personnel changes as Ms. Nguyễn Thị Cẩm Vân resigned from the Supervisory Board for personal reasons, with no replacement candidate announced yet. Vĩnh Hoàn also approved a VND 2,085 billion loan from Vietcombank, secured by assets in Cao Lãnh City, Đồng Tháp Province.
The pangasius industry, Vĩnh Hoàn’s core sector, is currently experiencing high prices from late 2024 into early 2025, encouraging farmers to expand cultivation. However, this industry is cyclical, and uncontrolled expansion could lead to price drops, as warned by the An Giang Department of Agriculture and Rural Development. On the stock market, VHC shares recently faced selling pressure, declining 13.6% from VND 72,300 to VND 62,500 per share in March 2025.
In summary, Vĩnh Hoàn is aiming for robust growth in 2025, building on its 2024 momentum, but must remain cautious of pangasius industry fluctuations and stock market trends.
