For the sixth year in a row, Sao Mai Group is at the top of Vietnam's most profitable businesses
- 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
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