AgriS maintains stable growth, approves dividend plan and business plan for fiscal year 2025-2026
At the General Meeting of Shareholders, the AgriS Board of Directors reported on the business results for the 2024-2025 fiscal year. Accordingly, AgriS recorded a cumulative net revenue of nearly VND 28,500 billion, exceeding the plan by 9%, with a compound annual growth rate (CAGR) of 18% in the 2020-2025 period. Pre-tax profit reached VND 950 billion, up 5% over the same period and exceeding the annual plan by 6%. After-tax profit was recorded at VND 834 billion, up 4% over the same period. Sugar consumption output continued to exceed 1 million tons, continuing to maintain a market share of the sugar industry of 46%. SBT shares recorded an impressive growth period, reaching a price of VND 26,900/share (as of October 13), a breakthrough growth of more than 150% compared to the beginning of the 2024-2025 fiscal year, surpassing the 8-year peak, with market capitalization reaching nearly VND 22,000 billion.
In the 2025-2026 fiscal year, AgriS aims to continue to maintain the sugar market, expand the Food - Beverage - Milk - Confectionery (FBMC) industry, and strengthen cost control and business efficiency. The company sets a target of expected net revenue of VND 26,500 billion. Pre-tax profit is targeted at VND 951 billion, equivalent to the previous year.
Based on the achieved business results, the General Meeting of Shareholders unanimously approved the Profit Distribution Plan for the fiscal year 2024-2025 with stock dividends from undistributed after-tax profits for the fiscal year 2024-2025 at a rate of 6%, equivalent to an amount of more than VND 513 billion.
The content of the Plan to offer convertible bonds to existing shareholders with a total value of nearly VND 1,000 billion has also been approved by the Shareholders. The bonds have a fixed interest rate of 9.5%/year, a term of 2 years and are converted into common shares in 2 phases: (1) convert 30% of the total number of successfully issued bonds on the first anniversary of the issuance date, (2) convert the entire number of successfully issued bonds remaining on the maturity date. The Company plans to use the proceeds to strengthen financial resources, optimize capital structure and reduce financial costs, thereby improving the ability to proactively respond to market fluctuations. The use of convertible bonds is considered a suitable tool to help the Company supplement medium and long-term resources, while strengthening the financial foundation to implement expansion projects in the future.
The remaining submissions, including the contents on selecting an auditing unit for the 2025-2026 financial statements, the production and profit distribution plan for the 2025-2026 fiscal year, the remuneration plan of the Board of Directors for the 2025-2026 fiscal year, and the registration, depository, and listing of bonds, were also unanimously approved by the Shareholders.
Closing the 2020-2025 period, AgriS enters a new growth journey
This year's General Meeting of Shareholders marks the beginning of the breakthrough strategy for the period 2025-2030. At the Meeting, the Board of Directors presented the overall strategic orientation and received high consensus from Shareholders, affirming the strong belief and expectation in the Company's new growth journey. Entering the new phase, AgriS continues to develop according to the Circular Commercial Value Chain model, focusing on 5 strategic focuses: (1) Organizational model of 03 Centers - 03 Services - 01 Cross-border and multinational management system; (2) Developing a multi-dimensional international trade and cooperation chain and strengthening international cooperation in trade and investment; (3) Sustainable development strategy, promoting governance and implementing ESG commitments; (4) Building a highly qualified human resource team to meet the international trade and market model; (5) Market capitalization to reach 2.7 billion USD by 2030.
Ms. Dang Huynh Uc My - Chairman of the Board of Directors shared about the new phase strategy: " SBT's recent stock price has reached an 8-year peak, recognizing the results of successful business model transformation, correct development strategy, and a solid governance foundation. This is also a thank you to the companionship and trust of our Shareholders. In the new development phase, AgriS chooses not to go alone, but to expand the journey with the resonance of all stakeholders, aiming to increase capitalization to 2.7 billion USD by 2030, expand scale, improve efficiency and increase value for Shareholders. "
“During the development process, AgriS is honored and proud to be one of the rare enterprises in Vietnamese agriculture that pioneers in applying technology, standardizing management and expanding the ecosystem, daring to engage in the global game, steadfastly pursuing the mission of bringing Vietnamese agricultural products to the international market.”
Mrs. My emphasized
Revealing many IPO and M&A deals, accelerating development strategy for the 2025-2030 period
According to the development roadmap, AgriS is implementing a plan to raise capital and IPO key member units in the Ecosystem, while seeking cooperation opportunities with strategic investors. The company said it will prioritize partners with the capacity to directly contribute to market expansion, product development and technology transfer. This partnership is expected to create strong synergy value and promote growth for the entire AgriS ecosystem.
At the same time, AgriS also continues to promote portfolio restructuring and focus on core areas in the agricultural value chain. At the Congress, the Board of Directors updated the latest information on international expansion activities, notably the M&A deal with Farmacist - a leading independent agronomy consulting company in Australia, possessing 15 years of data, a team of agronomy experts and a network of key customers in the Asia- Pacific region. The completed deal is expected to help AgriS accelerate the application of high technology, expand agricultural services, develop a digital data platform in regional agriculture and promote training programs, exchange high-quality R&D experts, contributing to ensuring food security for the entire region.
In its strategy to expand its product portfolio from new crops, AgriS's Board of Directors said that the Company is cooperating comprehensively with a large corporation to strongly develop the rice product segment, with the goal of increasing productivity, improving quality and adding value to products, serving the domestic and export markets. At the same time, sustainable agricultural solutions and ESG initiatives will be deployed by AgriS throughout the value chain, contributing to building an ecosystem of farmers growing high-yield and high-quality rice, complying with sustainable farming practices, creating a foundation for long-term development for the entire chain.
The AgriS General Meeting of Shareholders closed with a high consensus from Shareholders, affirming the belief in AgriS's 2025-2030 strategy, aiming for a circular, multi-value and sustainable high-tech agricultural ecosystem, aiming to achieve revenue of 60,000 billion VND by 2030 and Net Zero by 2035. With strong resources and the support of Shareholders and strategic partners, AgriS confidently enters the path of sustainable growth, continuous innovation, creating long-term value for the community and the Vietnamese agricultural sector.
Source: https://daibieunhandan.vn/agris-sbt-to-chuc-thanh-cong-dai-hoi-dong-co-dong-thuong-nien-nien-do-2024-2025-10399674.html
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