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Fami Soy Milk Manufacturer Burns Hundreds of Billions on Promotions, Q3 Profits Drop 28%

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In Q3/2025, Quang Ngai Sugar JSC (UPCoM: QNS), the parent company of Fami soy milk, reported a significant decline in profits, reaching a 10-quarter low. This downturn was primarily driven by a sharp increase in sales and promotional expenses. Despite this, the company maintains a substantial cash reserve of nearly VND 7,700 billion, accounting for over 55% of its total assets.

How Will ACB’s Non-Life Insurance Company Operate?

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From October 24 to November 10, Asia Commercial Joint Stock Bank (HOSE: ACB) will seek written shareholder approval for the establishment of ACB Non-Life Insurance Company Limited (ACBI), a wholly owned subsidiary of ACB.

Today’s Coffee Prices (Oct 26): VICOFA Unveils Insights on New Crop Yield

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Coffee prices saw a slight uptick in the domestic market today, with labor costs for harvesting and pruning reaching up to 5,000 VND per kilogram.