A livestock business in Long An reported a profit of 2,100 billion, surpassing many 'big guys'

GreenFeed Vietnam Joint Stock Company has just announced its periodic report on financial situation in 2024.

Accordingly, the equity of this enterprise as of December 31, 2024 is more than VND 6,040 billion, a sharp increase of VND 2,072 billion compared to 2023, equivalent to an increase of 52%.

However, the company is still burdened with a debt of over VND5,069 billion, although it has decreased by about VND401 billion compared to 2023.

Notably, GreenFeed Vietnam unexpectedly recorded a profit after tax in the fiscal year of more than VND 2,106 billion, an increase of 382% compared to 2023, equivalent to 4.8 times.

GreenFeed's pig breeding farm in Cu Jut, Dak Nong . Photo: GF

GreenFeed Vietnam is an unlisted joint stock company, established in 2008, headquartered in Nhut Chanh commune (Ben Luc, Long An ). Its main business areas are the production of animal feed, poultry and aquatic products; breeding; aquaculture, processing and preservation of aquatic products and related products...

With a record high profit of VND 2,106 billion earned in 2024, this company unexpectedly surpassed a series of livestock "giants" such as Dabaco (VND 769 billion), Hoa Phat (VND 1,038 billion), or BaF Vietnam (VND 395 billion)...

According to information on the company's website, in recent years, GreenFeed Vietnam has stepped up investment in implementing the 3F Plus integrated food chain (Feed - Farm - Food) from feed, breeds, farms, processing to distribution and continues to expand into supporting industries such as technology and logistics.

GreenFeed owns a system of 9 animal feed factories, a system of breeding pig farms, commercial pigs, poultry farms with modern technology and a slaughterhouse and food processing plant. The company's seafood products are exported to 20 countries around the world.

Pork prices increase, livestock giants make big profits. The high price of pork in the first quarter of 2025 has brought impressive profits to many 'big guys' in the livestock industry such as BAF, Dabaco and Hoang Anh Gia Lai.

Source: https://vietnamnet.vn/mot-doanh-nghiep-chan-nuoi-o-long-an-bao-lai-2-100-ty-vuot-mat-nhieu-dai-gia-2400444.html