Dabaco Vietnam (DBC) contributes capital to establish a livestock company in Quang Tri

Dabaco Vietnam approved the plan to establish Dabaco Quang Tri Company Limited to implement a high-tech pig breeding and commercial pig breeding project in Thuong Phuoc village, Trieu Thuong commune, Trieu Phong district, Quang Tri province with a charter capital of 190 billion VND.

The establishment of a local subsidiary is a necessary step for Dabaco to directly manage the project, thereby continuing to expand the chain livestock production system to the Central Coast region. According to the latest annual report, Dabaco's system includes 27 subsidiaries operating in many fields.

In terms of business activities, in the first quarter of 2025, Dabaco Vietnam recorded revenue of VND 3,609.4 billion, an increase of 11% over the same period, and profit after tax of VND 508.26 billion, an increase of 600% compared to the performance in the first quarter of 2024. In particular, gross profit margin improved from 10.7% to 22.6%.

Explaining the sharp increase in profits in the first quarter, the company said that the disease situation in livestock and poultry was under control, and farmers and the company were promoting herd restoration. On the other hand, the price of live pigs in the first quarter of 2025 was higher than the same period last year, thereby increasing the profits of livestock companies.

Besides, in the first quarter of 2025, the performance of some other areas in the Group improved, leading to the profits of units such as vegetable oil also increasing compared to the same period last year.

This year, the livestock group has set a business plan with a revenue target of VND28,759 billion and an expected after-tax profit of VND1,007 billion. Thus, after the first 3 months of the year, the group has completed 12.5% of the revenue plan and 50% of the profit plan for the whole year.

Thus, ending the first quarter of 2025 with after-tax profit reaching VND 508.26 billion, Dabaco Vietnam has completed 50.5% of the yearly plan.

Source: https://baovanhoa.vn/kinh-te/dabaco-viet-nam-dbc-gop-von-thanh-lap-cong-ty-chan-nuoi-tai-quang-tri-146790.html