VVS Announces Audited Consolidated Financial Statements for 2025: Reinforcing Core Strengths and Laying the Foundation for Breakthrough Growth in 2026–2030
Vietnam Machine Investment Development Joint Stock Company (VIMID – HOSE: VVS) has released its audited consolidated financial statements for FY2025, reporting strong business performance and further reaffirming the Company’s underlying strength and sustainable growth foundation.
Revenue Surpasses VND 8 Trillion, Setting a New Record
According to the audited consolidated financial statements for 2025, VIMID recorded net revenue of VND 8,050.6 billion, representing a 107% year-on-year increase (from VND 3,891.1 billion in 2024). Profit before tax reached approximately VND 401.5 billion, up 354.3% year-on-year compared to VND 88.3 billion in the previous year.
These figures mark the highest revenue and pre-tax profit in the Company’s history, reflecting a strong breakthrough in both operational scale and business efficiency.
Benefiting from Industry Growth Cycle and Effective Strategy Execution
The outstanding growth in 2025 is attributed to a combination of favorable macroeconomic factors, particularly accelerated public investment, the recovery and expansion of the logistics sector, and rising transportation demand.
In addition, VIMID’s strong execution capabilities—including expansion of its distribution network, development of after-sales services, and operational optimization—have continued to serve as key drivers in increasing market share and improving profit margins.
Strong Growth Continues in Q1 2026
Building on the momentum of 2025, VIMID recorded robust growth in Q1 2026 compared to the same period last year. The Company noted that initial results have been highly positive, providing a strong start and favorable conditions to achieve ambitious revenue and profit growth targets for 2026.
Amid Vietnam’s logistics sector maintaining high growth—driven by e-commerce expansion, synchronized infrastructure development, and global supply chain shifts—along with new vehicle emission standards taking effect from March 2026, VIMID is considered one of the companies best positioned to directly benefit from these trends.
With a fully integrated distribution and service ecosystem, the Company holds a clear competitive advantage in the industry’s new growth cycle.
Well-Positioned for the Annual General Meeting and Next Strategic Phase
VIMID has identified 2026 as a pivotal year, marking the beginning of a new breakthrough growth cycle for the 2026–2030 period. The achievements in 2025, together with the positive outlook for Q1 2026, provide a solid foundation for the Company to formulate and implement its long-term strategic plans.
The Annual General Meeting of Shareholders 2026 is scheduled to take place on April 20, 2026. Beyond being a regular annual event, this meeting is expected to serve as a strategic turning point, where key directions and decisions will be approved—forming critical drivers for VIMID to accelerate growth, achieve breakthroughs, and further strengthen its market position.
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