GC Food, a prominent producer of coconut jelly and aloe vera products, reported a record after-tax profit of over 98,5 billion VND in 2025, marking a more than 50% increase from the previous year. This performance is its highest to date and signals a significant improvement in profitability for the agricultural and processed food enterprise, an industry often characterized by thin margins and volatile raw material prices. The company's consolidated financial report revealed net revenue nearing 698 billion VND, up over 20% year-on-year, while gross profit reached 247 billion VND, an approximately 21% increase, contributing to an improved profit margin.
The fourth Quarter was particularly strong for GC Food, with net profit reaching approximately 19 billion VND, more than two times that of the same period last year. This robust performance was driven by a 17% rise in net revenue. The company also benefited from a 56% reduction in financial expenses, attributed to decreased outstanding loans and lower interest rates. Additionally, general and administrative expenses dropped by 22%, primarily due to a more even distribution of bonus costs throughout the year and reduced provisions for doubtful debts. Proactive raw material sourcing and optimized operating costs further enhanced the gross profit margin.
Despite not meeting its revenue target of over 716 billion VND set at the annual general meeting of shareholders on 10/4, GC Food's actual after-tax profit of over 98,5 billion VND surpassed its target of nearly 90 billion VND by approximately 9%. This outcome highlights the company's improved operational efficiency, exceeding initial expectations, even as revenue grew by nearly 24% year-on-year.
GC Food's financial position also strengthened significantly. As of 31/12/2025, total short-term assets reached 544 billion VND, an increase of nearly 150 billion VND from the start of the year. Cash and cash equivalents surged to nearly 78 billion VND, three times the amount reported at the beginning of the period. The company further boosted its short-term financial investments to over 107 billion VND, indicating a clear improvement in overall liquidity.
Earnings per share (EPS) for 2025 stood at 2,155 VND, an increase from 1,969 VND in the previous year.
Thi Ha