First Businesses to Report Significant Profits in Q3 2025

Dabaco forecasts a remarkable profit of approximately VND 300 billion for Q3/2025. Meanwhile, DIC Corp's earnings are significantly bolstered by the successful transfer of the Lam Ha Center Point project.

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During the investor engagement event held on the afternoon of September 26th, Mr. Nguyễn Như So, Chairman of the Board of Directors of Dabaco Vietnam Group JSC (stock code: DBC, HoSE), revealed the company’s Q3 2025 business results.

According to Mr. So, Dabaco’s current target herd size by the end of 2025 is approximately 60,000 sows, with an annual production of 1-1.3 million pigs. The estimated profit for Q3 is around 300 billion VND.

In 2025, Dabaco set a revenue target of 28,759 billion VND, a 19% increase compared to 2024, and an after-tax profit of 1,007 billion VND, a 31% increase.

For the first nine months of 2025, Dabaco’s estimated profit exceeds 1,300 billion VND, 2.5 times higher than the same period last year and nearly 30% above the annual profit plan.

The Chairman of Dabaco also shared that by the end of 2027, the company aims to reach 80,000 sows and sell 2 million pigs. To achieve this goal, an additional investment of approximately 3,000 billion VND is required.

Dabaco recently started construction on a farm in Thanh Hóa with a capacity of 3,600 sows, currently under construction for about 2 months, and another farm in Quảng Ninh with a capacity of 3,000 sows and 40,000 pigs, which has also begun construction.

Additionally, the company plans to start construction in Lào Cai in October 2025 on a farm with a capacity of 7,200 sows and 80,000 pigs, and in Quảng Trị in December 2025 on a farm with the same capacity.

Another farm in Thái Nguyên, with a capacity of 6,200 sows and 80,000 pigs, is expected to start construction in Q1-Q2/2026. A larger project in Thanh Hóa, with a capacity of 12,000 sows and 250,000 pigs, is planned for investment by the end of 2026.

Furthermore, the company is building a new animal feed factory in Hà Tĩnh with a capacity of 200,000 tons/year, scheduled for completion in June 2026.

Rendering of the Lam Hạ Center Point Residential Project. Image: DIG

On September 26th, DIC Corporation (DIC Corp, stock code: DIG) held an Analyst Meeting. Mr. Nguyễn Quang Tín, CEO of DIG, disclosed the consolidated business results for the first nine months of 2025.

Total revenue and other income reached 1,896 billion VND, with pre-tax profit at 209 billion VND, achieving 54% and 29% of the annual plan, respectively. Compared to the same period last year, revenue doubled, and profit increased nearly fivefold.

DIG’s profit growth in Q3 2025 was significantly boosted by the successful transfer of the Lam Hạ Center Point project (Hà Nam Ward, Ninh Bình Province), generating over 1,300 billion VND in revenue.

In 2025, DIG aims for consolidated revenue of 3,500 billion VND (a 143% increase) and pre-tax profit of 718 billion VND (a 354% increase).

The company is currently negotiating the sale of a portion of the Đại Phước project (Đồng Nai). According to DIG’s management, this transaction is expected to contribute over 2,400 billion VND in revenue and 748 billion VND in gross profit, anticipated to be completed in Q4 to meet the annual business plan.

Regarding investment, DIG plans to allocate 6,600 – 6,900 billion VND for development activities, but only about 22% has been disbursed so far.

The main reason for the delay is the slow resolution of legal procedures, causing many projects to stall in the first nine months. However, the company’s leadership stated that from Q4/2025, once legal approvals are obtained, the disbursement process will accelerate.

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