On January 27, 2026, Damsan Corporation released its consolidated financial report for Q4 2025. The report highlights a pre-tax profit of VND 122.5 billion for 2025, marking an impressive 88.8% increase compared to the previous year and achieving 101% of the annual profit target.
Consolidated revenue for 2025 reached VND 1,848.4 billion, a 13.4% growth from 2024, equivalent to 94% of the year’s revenue plan. Notably, the cost of goods sold increased by only 8% year-over-year. Gross profit for Damsan Corporation in 2025 exceeded VND 230.2 billion, a 72.9% surge compared to 2024.
Damsan Corporation specializes in the production of towels, fibers, and cotton. By the end of 2025, total output reached 22,261 tons, a 13% increase from 2024. Exports accounted for approximately 62% of total production, with Damsan’s products gaining trust from global partners worldwide.
Additionally, real estate development is a key business segment for Damsan Corporation. On November 8, 2025, the company held the groundbreaking ceremony for the Social Housing Project in Phu Xuan Commune.
Image: Groundbreaking ceremony for the Social Housing Project in Phu Xuan Commune
The Social Housing Project in Phu Xuan Commune comprises two 15-story buildings and one basement level, with a total construction area of over 58,000 m². The project includes over 33,500 m² of social housing for sale, featuring 546 apartments, and a commercial area of more than 5,200 m² with 36 diverse units to meet residents’ needs. Designed to enhance urban living standards, the project offers a modern, safe, and sustainable environment.
With its reputation and expertise in constructing industrial facilities and infrastructure, Damsan Corporation has been selected as the general contractor for numerous high-profile projects. Notable examples include the construction of an electronic component assembly plant for SANR Vietnam Electronics Co., Ltd., a toy manufacturing plant for Hung Lung Hung Yen Co., Ltd., and a 998 kWp rooftop solar power system for TNG Investment and Trading Joint Stock Company.
Through these achievements, Damsan Corporation has solidified its position as a leading domestic enterprise while steadily expanding its international reach.
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