Vinamilk: Q2 2025 revenue highest ever, 16,745 billion VND

Vinamilk's total consolidated revenue in the second quarter reached VND16,745 billion, an increase of VND79 billion over the same period last year. This is the highest quarterly revenue the company has ever recorded.

Innovating products and "renovating" stores with new brand identity helps Vinamilk better reach consumers, positively impacting business results - Photo: NGUYEN PHUONG

Domestic business recovery

The domestic business segment recorded net revenue of VND13,614 billion, an increase of VND82 billion over the same period. These results came from efficiency in distribution, marketing and digital transformation activities.

Besides, the growth momentum also comes from the increasing consumer confidence in reputable dairy products.

Meanwhile, foreign net revenue reached VND3,111 billion, equal to the same period last year. In the first 6 months of 2025, the total consolidated revenue reached VND29,710 billion, completing 46.1% of the yearly plan; with domestic and foreign net revenue reaching VND23,624 billion and VND6,035 billion, respectively.

According to Ms. Mai Kieu Lien - General Director of Vinamilk: "The company has demonstrated effective adaptability in restoring domestic business growth while maintaining export growth, thereby bringing total consolidated revenue to a new peak.

We expect to continue growing in the remaining 6 months of 2025, aiming to achieve the highest level of the business plan approved by the General Meeting of Shareholders."

Gross profit margin in Q2-2025 reached 42.0%, up 170 basis points compared to the previous quarter thanks to improved sales scale.

Accumulated in the first 6 months of 2025, this index reached 41.2%. Consolidated profit after tax in the second quarter of 2025 reached VND 2,489 billion and accumulated in the first 6 months of 2025 reached VND 4,076 billion, completing 42.1% of the yearly plan and earnings per share reached VND 1,720.

Regarding exports, the company recorded record results in the second quarter of 2025 with net revenue reaching VND 1,887 billion, up 8.5% over the same period and continuing positive growth for the 8th consecutive quarter.

Traditional markets are gradually upgrading their product portfolios based on strengths in the popular segment to increase export value and brand.

In high-end markets, the company recorded positive signals with double-digit revenue growth, contributing positively to the overall increase.

Notably, the company has been licensed to export Southern Star brand condensed milk products to the Chinese market, opening up room for growth in Asia's largest consumer market.

Vinamilk meets and works with many partners from countries in Asia and Europe - America in international trade promotion activities - Photo: VI NAM

In addition, the company still devotes a lot of resources to developing new markets through more than 40 B2B networking events and international fairs in the first 6 months of the year.

These efforts helped the company increase the total number of cumulative export markets to 65. In the first 6 months of 2025, net export revenue reached VND 3,507 billion, up 15.5% over the same period.

Net revenue of foreign branches in the second quarter of 2025 reached VND 1,223 billion and accumulated for the first 6 months reached VND 2,528 billion.

Product innovation, affirming international position

In the first 6 months of 2025, the company continued to promote research and development activities with more than 70 new and re-launched products.

These products demonstrate the remarkable strides in innovation of Vietnam's leading dairy company.

Products are developed to anticipate current consumer trends such as high-protein milk, plant-based milk, immune-boosting products, products that bring interesting experiences to young consumers, specialized nutritional products for the elderly, etc.

Promoting research and development activities and product innovation, Vinamilk pioneers in bringing the breakthrough of 6 HMOs into nutritional solutions for children - Photo: NGUYEN HOANG

At the same time, a series of the company's stores were also "renovated" with a new brand identity, which actively supported product introduction activities and directly connected with consumers.

The results achieved affirm the strategy of "investing in science and technology to maximize the natural nutritional values ​​of milk" from the Vietnamese milk brand with the 6th highest value globally.

The company still maintains its 2025 plan with total revenue of VND 64,506 billion (up 4.3% compared to 2024) and after-tax profit of VND 9,680 billion (up 2.4% compared to 2024).

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Source: https://tuoitre.vn/vinamilk-doanh-thu-quy-2-2025-cao-nhat-tu-truoc-den-nay-16745-ty-dong-20250731115854777.htm