VIMID Financial Statements for Q4 of 2025: Revenue and Pre-tax Profit Reach All-Time High, Laying the Foundation for Sustainable and Breakthrough Growth

26/01/2026
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On January 26, 2026, Vietnam Machine Investment Development Joint Stock Company (VIMID – HOSE: VVS) officially announced its consolidated financial statements for the fourth quarter of 2025. The results reflect exceptional growth, marking a significant milestone in VIMID’s development journey while reaffirming the Company’s strong execution capabilities and sustainable growth foundation.

Fourth quarter of 2025: A Period of Strong Acceleration

In the fourth quarter of 2025, VIMID delivered outstanding business performance:

  • Net revenue from sales of goods and services reached VND 2,606.3 billion, up 115.3% year-on-year.
  • Profit before tax reached VND 195 billion, up 2,026% year-on-year.

These results clearly demonstrate the Company’s operational efficiency during the year-end peak season, when the transportation, construction, and infrastructure investment sectors were highly active nationwide.

Full-Year 2025: A New Milestone in Corporate History

For the full year 2025, VIMID recorded:

  • Net revenue of VND 8,050.6 billion (~322 million USD), up 107% compared to 2024 (VND 3,891.1 billion).
  • Profit before tax of VND 407.9 billion (~15 million USD), up 362% compared to 2024 (VND 88.3 billion).

This represents the highest revenue and pre-tax profit in the Company’s history, highlighting not only rapid expansion in scale but also significant improvements in operational efficiency and earnings quality.

Growth Driven by Market Dynamics and Strategic Execution

In 2025, VIMID benefited from a strong alignment between favorable macroeconomic conditions and consistent strategic execution by its leadership. The government’s accelerated disbursement of public investment, along with the simultaneous rollout of major infrastructure, transportation, and industrial projects, generated substantial demand for trucks and specialized transport vehicles—VIMID’s core business segment where it holds a leading market position.

At the same time, the robust growth of Vietnam’s logistics sector, driven by e-commerce expansion, infrastructure development, and global supply chain shifts, created new growth opportunities. Leveraging these trends, VIMID effectively executed its strategy to expand and diversify its product portfolio, enabling the Company to better meet increasingly diverse customer needs, expand market share, and strengthen its position in the medium- and heavy-duty truck segments.

HOSE Listing: A Key Milestone in the Growth Journey

Alongside its strong financial performance, the official listing of VVS shares on the Ho Chi Minh City Stock Exchange (HOSE) in December 2025 marked a significant milestone in VIMID’s development roadmap. This event enhances the Company’s credibility, transparency, and position in the capital market, while facilitating access to medium- and long-term financial resources to support future growth strategies.

Outlook for 2026–2030: Sustainable Growth and Proactive Positioning

Building on its achievements in 2025, VIMID remains committed to its sustainable development strategy, focusing on improving operational efficiency, strengthening its nationwide distribution and service ecosystem, and continuously enhancing customer experience. At the same time, the Company is proactively preparing to capture emerging trends in the transportation and logistics sectors in the 2026–2030 period, aiming for stable, efficient, and long-term growth.

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