Fri, Oct 31, 2025, 09:52:00
According to its Q3 consolidate financial report, Sabeco earned nearly VND6.44 trillion ($244.5 million) in net revenue, down 16.1% year-on-year.
Net profit jumped 21.6% year-on-year to VND1.36 trillion ($51.65 million), the highest since early 2022.
Gross profit rose 5% from a year earlier to VND2.39 trillion ($90.61 million) as cost of goods sold dropped 24.9% to VND4.05 trillion ($153.8 million), lifting the gross margin to 37.1% from 29.7%.
Sabeco attributed the improvement to cheaper malt and rice prices, along with better raw material utilization.
In the first nine months of 2025, revenue fell 17% to VND19.05 trillion ($723.6 million), while net profit was nearly flat at VND3.36 trillion ($127.6 million), meeting 71% of the year's target.
In late July, Sabeco distributed VND3.85 trillion ($146.2 million) in its second dividend payout for 2024, bringing the full-year cash dividend to 50%, equivalent to VND6.41 trillion ($243.6 million).
As of September 30, total assets stood at VND31.34 trillion ($1.19 billion). Cash, cash equivalents, and bank deposits accounted for 64% of total assets, totaling VND20.03 trillion ($760.6 million).
SAB shares closed Tuesday at VND45,500 ($1.73) each on Wednesday.
