Hoa Sen Group Joint Stock Company reported weak business results in Q2 of fiscal year 2024–2025
Hoa Sen Group Joint Stock Company reported weak business results in Q2 of fiscal year 2024–2025, with pre-tax profit falling 27% year-over-year to VND 227 billion. Net revenue reached nearly VND 8,452 billion, a 9% decrease from the same period last year. For the first six months, although revenue grew slightly by 2%, pre-tax profit still declined by 3% to over VND 416 billion, indicating continued margin pressure.
Hoa Sen Group Joint Stock Company reported weak business results in Q2 of fiscal year 2024–2025, with pre-tax profit falling 27% year-over-year to VND 227 billion. Net revenue reached nearly VND 8,452 billion, a 9% decrease from the same period last year. For the first six months, although revenue grew slightly by 2%, pre-tax profit still declined by 3% to over VND 416 billion, indicating continued margin pressure.
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