Nafoods Group was honored as Top 50 Outstanding Growth Enterprises in Vietnam 2024

The ranking of Top 500 Fastest Growing Enterprises in Vietnam (FAST500) was announced by Vietnam Assessment Report Joint Stock Company (Vietnam Report) in March 2024. This is the 14th consecutive year that the FAST500 list has been published to find, recognize and honor businesses that are growing strongly in the Vietnamese economy – businesses with good business performance, based on the following criteria: The main goal is compound revenue growth, and social responsibility.

To be on this list, a business must be recognized three times in a row in the Top 500 Fastest Growing Enterprises in Vietnam (FAST500) ranking, while maintaining an impressive growth rate in the period 2015-2023. , has made significant contributions to the community, society and the national budget during the integration period.

Recently, the production and business situation of Vietnamese enterprises has been somewhat gloomy due to the weakening of aggregate demand both domestically and internationally. However, to be honored in the Top 50 Best Growth Enterprises in Vietnam, Nafoods, in addition to stabilizing the governance situation and actively developing production and business, has made continuous efforts to achieve the best results. determined.

Speaking specifically about 2023, the Company’s 2023 net revenue will remain at 1,733.3 billion VND, gross profit will reach 469.7 billion VND, an increase of 93.9 billion VND (+25.0%) compared to last year. Profit after tax in 2023 exceeded the 100 billion VND mark for the first time since listing (2015), when it reached 109.9 billion VND, an increase of 30.1 billion VND (+37.7%) compared to the previous year, exceeding 3.7% of the plan assigned by the 2023 Annual General Meeting of Shareholders.

In addition, the General Meeting of Shareholders also approved a plan to offer a maximum of 15 million individual shares, to implement or contribute capital to subsidiaries to carry out investment projects and improve production capacity; and/or supplement working capital. The expected implementation time is in 2024 or another period as prescribed by the Board of Directors based on actual conditions after approval by the State Securities Commission.