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Thursday, 31/7/2025 | 07:31 GMT+7

Vinamilk achieves record revenue in second quarter

Vinamilk reached 16,745 billion VND in revenue in Q2 2025, its highest ever quarterly performance, a 79 billion VND increase compared to Q2 2024.

This information was revealed in the Q2 2025 financial report released on the afternoon of 30/7. Specifically, domestic revenue reached 13,614 billion VND, an increase of 82 billion VND, while international revenue reached 3,111 billion VND, similar to the same period last year.

A company representative stated that these figures reflect the effectiveness of the company's distribution, marketing, and digital transformation efforts, as well as growing consumer trust in its reputable dairy products.

In the first six months of the year, Vinamilk's consolidated revenue reached 29,710 billion VND, completing 46.1% of its annual revenue target. Domestic revenue reached 23,624 billion VND and international revenue reached 6,035 billion VND.

Customers select Vinamilk's new products. Photo: Nguyen Phuong

Customers select Vinamilk's new products. Photo: Nguyen Phuong

Restoring business growth momentum

According to Ms. Mai Kieu Lien, CEO of Vinamilk, despite facing numerous domestic and international macroeconomic fluctuations in Q2, the company has restored its domestic growth momentum and maintained stable exports, leading to a new record in consolidated revenue.

"We expect to maintain this momentum in the second half of the year to best achieve the business plan approved by the General Meeting of Shareholders," Ms. Lien said.

In Q2, the company's gross profit margin reached 42%, a 1.7 percentage point increase compared to Q1 thanks to improved sales. The gross profit margin for the first six months reached 41.2%. Consolidated profit after tax in Q2 2025 reached 2,489 billion VND, bringing the total for the first six months to 4,076 billion VND, completing 42.1% of the annual profit target. Earnings per share reached 1,720 VND.

Vinamilk meets and works with many international partners. Photo: Vi Nam

Vinamilk meets and works with many international partners. Photo: Vi Nam

Regarding exports, Vinamilk recorded strong results with net revenue reaching 1,887 billion VND, an 8.5% increase compared to the same period last year, marking the 8th consecutive quarter of positive growth. In traditional markets, the company is gradually upgrading its product portfolio based on its strength in the mainstream segment to enhance export value and brand image. In the premium segment, the company reported positive signs with double-digit revenue growth, contributing significantly to the overall increase. Vinamilk received a license to export Southern Star condensed milk to China, opening up growth potential in Asia's largest consumer market.

In addition, the company continues to allocate resources to developing new markets through more than 40 B2B networking events and international trade fairs in the first six months of the year. These activities have helped the company increase its total number of export markets to 65. In the first six months of this year, net export revenue reached 3,507 billion VND, a 15.5% increase year-on-year. Net revenue from overseas branches in Q2 2025 reached 1,223 billion VND and 2,528 billion VND for the first six months.

Vinamilk promotes research and development and product innovation. Photo: Nguyen Hoang

Vinamilk promotes research and development and product innovation. Photo: Nguyen Hoang

Product innovation

In addition to business activities, Vinamilk is also increasing investment in innovation. In the first six months, the company launched and relaunched more than 70 products, reflecting its development orientation based on consumer trend research: high-protein milk, plant-based milk, immune-supporting products, and specialized nutrition for the elderly.

At the same time, the company's stores are also being rebranded with a new brand identity, enhancing direct connection with consumers.

According to the "Brand Footprint 2025" report released by Kantar in June, Vinamilk continues to be the most chosen milk brand for 13 consecutive years thanks to its comprehensive innovation strategy and consumer engagement, especially with the younger generation. Brands such as Ong Tho, Southern Star, Probi, and Susu are also among the top 10 most chosen milk brands by consumers. The Vinamilk Green Farm brand was recognized as the outstanding brand of the year.

Mr. Nguyen Quang Tri, Marketing Director of Vinamilk (left), receives the award for the most chosen milk brand for the 13th consecutive year. Photo: Nguyen Phuong

Mr. Nguyen Quang Tri, Marketing Director of Vinamilk (left), receives the award for the most chosen milk brand for the 13th consecutive year. Photo: Nguyen Phuong

Vinamilk is the only Vietnamese dairy company to appear on the Fortune 500 Southeast Asia list for the second consecutive year, as announced by Fortune magazine in mid-June. The company was also the only Vietnamese representative to present at the Global Dairy Congress 2025 in the Netherlands and won two major awards: Best Yogurt (Green Farm high-protein Greek yogurt) and Best Packaging Design (Vinamilk plant-based yogurt).

In addition, the company was the first Vietnamese representative to speak at the Growth Asia Summit 2025, sharing its formula for 6 HMO milk, considered a step forward in setting international nutritional standards for infant formula.

According to the company, these results demonstrate the effectiveness of its strategy of "investing in science and technology to maximize the natural nutritional value of milk." The brand is currently ranked 6th globally in terms of value and this year maintains its plan with total revenue of 64,506 billion VND (a 4.3% increase compared to 2024) and profit after tax of 9,680 billion VND (a 2.4% increase compared to 2024).

Hoang Dan

By VnExpress: https://vnexpress.net/vinamilk-lap-dinh-doanh-thu-trong-quy-ii-4920929.html
Tags: Milk Vinamilk Revenue

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