For the sixth year in a row, Sao Mai Group is at the top of Vietnam's most profitable businesses
- 192
- Enterprise
- 20:44 28/09/2022
DNHN - Sao Mai Group joined the list of Vietnam's top 100 most lucrative companies in 2022.
Sao Mai Group continues to be recognized as one of the Top 100 industry-leading businesses in Vietnam Report Joint Stock Company's (Vietnam Report) PROFIT500 Ranking - Top 500 most profitable organizations in Vietnam in 2022.
Sao Mai is a company that is growing sustainably despite the epidemic. Sao Mai Group reported net sales of VND 11,398 billion and an after-tax profit of VND 703 billion in 2021, both increases of 23% from the year before.
Sao Mai achieved total revenue of 7,250 billion dongs in the first half of 2022, an increase of roughly 38% over the same period in 2021. Profit after taxes increased by 115% during the same time to 441.2 billion dongs.
Sao Mai has therefore accomplished half of the intended goal for the entire year 2022. This outcome demonstrates Sao Mai's attempts to recover after a pandemic that raged for about three years. All of these reflect the leaders and members of the group's staff's efforts and work ethic in the past.
Sao Mai Group has been included among Vietnam's Top 500 most profitable companies for six years running. Along with the parent firm, Sao Mai Super Feed is still listed in this esteemed ranking, demonstrating how the ecosystem of the Group is being strengthened in the wake of the pandemic so that it may continue to grow.
With a professional work ethic, a clear strategic direction, and significant financial potential, Sao Mai Group anticipates numerous future growth turning points.
Sao Mai Group will continue to invest in a variety of new business sectors over the coming years in addition to the traditional segments of seafood and real estate, including services, tourism, training and labour supply to foreign markets, production of value-added pangasius products, health care, and renewable energy.
Sao Mai is thrilled to take part in the celebration honouring companies who have placed highly in the 2022 PROFIT500 Ranking, which is scheduled to take place on October 25 in Hanoi.
P.L
Related news
- Sao Mai Group’s pangasius export segment embraces new opportunities
- Energy transition in Vietnam: Opportunities and challenges from coal power to renewables
- Renewable energy: Steering in the right direction of the times
- Clean energy must be protected by transparent, stable, and consistent policies
- European-standard ingredients: Inspiring culinary journeys from the heart of the kitchen
- The foundational mark of pioneers in renewable energy amidst an evolving legal framework
- Taste of Queensland: Strengthening Vietnam–Queensland Partnerships through Culinary Diplomacy
- The power of journalism in “upholding the right and eliminating the wrong”
- LAMORI – The Spirit of Lam Kinh in Every Breath
- “Lithuanian President’s visit opens a new chapter in bilateral cooperation with Vietnam”
- List of Vietnam’s 25 Best Workplaces 2025
- Vietnamese Ambassador to the Federal Republic of Germany, H.E. Mr. Nguyen Dac Thanh, Meets with German Business Leaders in Vietnam
- Hodeco and 54 forge strategic partnership to evelate golf Integrated real-estate
- International sports events – a strategic boost for regional economies and tourism in Vietnam
- Halal market potential – The key to business success
- ESG strategy for small and medium enterprises: From compliance pressure to growth opportunity
- Dong Thap Business Club in Ho Chi Minh City launches support fund to accompany enterprises
- Women entrepreneurs in the Era of National Advancement
- The move of a Chinese businesswoman into Vietnam’s snack market
- The Đại Dũng Group: A 30-Year journey of developing a sustainable value chain
Đọc thêm Enterprise
List of Vietnam’s 25 Best Workplaces 2025
Great Place To Work® has officially announced the 25 companies featured in the Best Workplaces in Vietnam™ 2025 ranking.
The ambitions of major enterprises in 2025
Major enterprises such as Dabaco, FPT, and KBC have set ambitious plans for 2025, demonstrating flexibility and sharpness in their business strategies.
What do domestic businesses need to overcome difficulties?
Strong and synchronized government support policies are crucial in helping Vietnamese enterprises navigate the current challenging period.
ACV achieved net profit surpassing VND 11,560 billion in 2024
Vietnam Airports Corporation (ACV) has recently announced its 2024 business results, reporting a net profit exceeding VND 11,560 billion, marking a 37% growth compared to the previous year.
Increasing taxes on pick-up trucks: The need to hear public opinion
The proposed tax increase on pick-up trucks is sparking debate. Many representatives argue that this decision could impact workers, businesses, and the domestic automotive market.
"The Vietnam-Korea Investment Cooperation Forum 2024 is a testament to the spirit of innovation and sustainable collaboration."
For Mr. Kim Ki-mun, Chairman of KBIZ, the Vietnam-Korea Investment Cooperation Forum 2024, scheduled for November 21, is not merely an event but also a testament to the spirit of innovation and sustainable collaboration between nations.
KBIZ's 60-year journey in building a solid foundation for South Korea's small and medium enterprise community
With over 60 years of establishment and development, the Korea Federation of SMEs (KBIZ) has emerged as a pioneering force in supporting the small and medium-sized enterprise (SME) community in South Korea.
What categories are included in the additional audit subjects?
On the morning of November 7, the National Assembly discussed the draft amendment of several articles across seven laws, with a particular focus on adding new audit subjects.
Institutional obstacles "tie up" enterprises and challenge economic growth
During a session discussing the 2024 socio-economic development plan, National Assembly deputies emphasized that institutional barriers remain a significant "obstacle" for businesses.
More than 1,000 new real estate businesses established in Ho Chi Minh City, transactions grow
In the first nine months of 2024, Ho Chi Minh City's real estate market witnessed the establishment of over 1,000 new businesses and recorded 1,600 property transactions, signaling a positive recovery trend.