According to the consolidated financial report for Quarter IV/2025, Hoang Anh Gia Lai Joint Stock Company, led by chairman Doan Nguyen Duc, known as "Bau Duc," achieved breakthrough results in the final quarter of the year. This was primarily due to a sharp reduction in financial costs following debt resolution.
Cumulatively for 2025, the company recorded net revenue of 7,440 billion VND, an increase of nearly 29% from the previous year. The company's post-tax profit reached 2,243 billion VND, doubling the previous year's figure and setting a record high since HAGL began operations. Of this, profit attributable to parent company shareholders was 2,126 billion VND, with basic earnings per share (EPS) reaching 1,912 VND.
For Quarter IV alone, Hoang Anh Gia Lai reported net revenue of 1,838 billion VND, an increase of nearly 16% compared to the same period last year. Despite a slight decrease in gross profit due to higher cost of goods sold, post-tax profit for Quarter IV still reached 931 billion VND, more than four times that of the previous year.
Alongside improved business results, the company's cash flow also saw significant changes. As of 31/12/2025, cash and cash equivalents totaled nearly 680 billion VND, more than quadrupling from the end of 2024. Total short-term assets reached 8,802 billion VND, with short-term receivables accounting for 7,292 billion VND and inventory at 753 billion VND.
This outcome stems from the company's accelerated financial restructuring, particularly the resolution of long-standing outstanding bonds. In 2025, the company issued 210 million common shares to swap over 2,500 billion VND in Group B bond debt for six creditors, thereby eliminating the corresponding debt obligations before maturity.
Regarding Group A bonds, HAGL stated that the Bank for Investment and Development of Vietnam (BIDV) is no longer the bondholder of the lot issued in 2016, following the completion of a transfer agreement at the end of 12/2025. The transferee is Vietnam Debt and Asset Trading Corporation (DATC – TP HCM Branch), an entity specializing in acquiring and resolving outstanding debts and assets. This bond lot has a 10-year term, maturing at the end of 2026, with an outstanding value of nearly 3,900 billion VND.
Over the past year, according to the company, Doan Nguyen Duc gifted shares to 480 employees and awarded 160 apartments to individuals with outstanding achievements, long-term commitment, and significant contributions to the company.
The company plans to list Hung Thang Loi Gia Lai Joint Stock Company in 2026 and Gia Suc Lo Pang in 2027. Its audited cultivation area is approximately 18,000 hectares, with a target of 30,000 hectares by 2030. This includes 10,000 hectares of Arabica coffee, 7,000 hectares of bananas, 3,000 hectares of durian, 2,000 hectares of mulberries, and other crops.
Thi Ha