In the context of Vietnam's economy gradually recovering after a long fiscal-monetary tightening cycle, HVA Investment Joint Stock Company (HVA Group) had an extremely impressive first quarter of 2025. The recently released financial report for the first quarter of 2025 not only shows a strong reversal in profits but also clearly demonstrates the maturity of financial management, the ability to adapt and effectively exploit opportunities in the new context.
1. Breakthrough revenue growth, marked improvement in profit margin
According to the business performance report, total net revenue in the first quarter of 2025 reached VND 20,565 billion, an increase of more than VND 11,400% compared to the same period last year. This is a remarkable growth rate, reflecting the expansion of the scale of operations and the effectiveness of the Group's portfolio restructuring strategy in the period of 2023 - 2024.
Cost of goods sold reached VND 18,047 billion, accounting for 87.71% of revenue - helping HVA achieve a gross profit of VND 2,518 billion, equivalent to a gross profit margin of VND 12.21% of revenue. Compared to the first quarter of 2024, this figure increased more than 190 times, demonstrating the company's ability to control costs and improve commercial efficiency.
2. Financial performance plays a lever role
Revenue from financial activities in the period reached VND 1,727 billion – a sharp increase compared to the same period last year. This shows that HVA has flexibly used idle cash flow, financial investment portfolio and short-term capital optimization tools to generate additional profits for core activities.
Notably, business management costs were controlled at VND1,309 billion - much lower than revenue growth rate, helping to maintain operational efficiency.
3. Profit after tax reached more than 2,300 billion VND, a reversal compared to the same period.
Total pre-tax accounting profit in the first quarter reached VND2,935 billion. After deducting corporate income tax expenses, HVA's after-tax profit reached VND2,348 billion - while in the same period last year, it lost more than VND231 billion.
This is one of the strongest improvements of HVA in the past 5 years. The profit reversal is not only accounting but also reflects the profitability of business activities, finance and cost optimization in the system.
4. Orientation 2025: Focused, sustainable growth in depth
With a strengthened financial foundation, HVA Group aims to continue to maintain financial discipline and selective investment, focusing on the following areas:
- Developing a digital financial and investment ecosystem
- Growing high yielding asset portfolio
- Integrating ESG and digital transformation into the entire corporate governance system
At the same time, HVA also steadfastly pursues the strategy of improving the quality of information disclosure reports, being transparent with shareholders, and optimizing long-term value for investors.
5. Message to shareholders and partners
Q1/2025 is a positive turning point for HVA Group. Financial results are not only growth figures but also a testament to sustainable management thinking, clear strategy and effective execution capacity. HVA is committed to continuing to accompany shareholders and partners on the long-term development journey - with the spirit of transparency, courage, innovation and creating real value.
Conclude
The financial report for the first quarter of 2025 is a clear demonstration of the effective and in-depth re-growth period of HVA GroupFrom breakthrough growth in revenue, improved profit margins, to the ability to control costs and make good use of financial tools - all reflect an organization that is developing in a professional, methodical direction and has a clear strategic vision.
With a strong financial foundation, the right direction and proactive management spirit, HVA Group is well-positioned to make a breakthrough in the coming quarters. This is not only an opportunity to strengthen market confidence, but also a time for HVA to affirm its position as one of the most effective, transparent and sustainable investment enterprises in Vietnam.
