Vietnam's top instant coffee producer Vinacafé Bien Hoa earns nearly $52,800 in daily profit

Vinacafé Bien Hoa, Vietnam's leading instant coffee maker, posted an after-tax profit of over VND249 billion ($9.52 million) in the first half of 2025, or nearly VND1.38 billion ($52,785) per day.

Its H1 net revenue hit more than VND1.03 trillion ($39.4 million), a 19.3% rise year-on-year, according to the company's newly released consolidated financial statement for Q2/2025.

For 2025, the firm outlined two business scenarios. It aims to earn VND2.7 trillion ($103.28 million) in revenue and VND470 billion ($17.98 million) in post-tax profit in the low-case scenario, and VND2.95 trillion and VND516 billion, respectively, in the high-case scenario.

This means after H1, the company had achieved around 38.2% of its revenue target under the low-case scenario and 34.9% under the high-case scenario. Regarding post-tax profit, it reached 53% and 48.3%, respectively.

Vinacafé Bien Hoa JSC, listed on the Ho Chi Minh Stock Exchange (HoSE) as VCF, recorded net revenue of VND635.9 billion ($24.32 million) in Q2, up 9.9% year-on-year.

Cost of goods sold also increased by 6.2% to VND501.6 billion, leading to a gross profit of VND134.3 billion ($24.32 million), a 26.3% rise.

Financial income rose by 3.6% year-on-year to VND25.8 billion ($986,785). Meanwhile, financial expenses surged by 92.3% to VND2.5 billion, including interest expenses of VND2.3 billion.

Selling expenses and general & administrative expenses decreased by 44.2% and 19%, respectively, to VND614.2 million and VND5.1 billion.

Its Q2 post-tax profit hit over VND121 billion ($4.63 million), up 24% compared to the same period in 2024.

In an explanatory statement, the company attributed the increase to strong sales of its key products such as Vinacafé instant coffee, Wake-Up, and Wake-Up 247 energy drink, along with effective cost-cutting measures.

As of June 30, 2025, Vinacafé Bien Hoa's total assets amounted to over VND2.73 trillion ($104.42 million), up 9.8% compared to the beginning of the year.

Current assets rose sharply by 51.9% to VND1.28 billion, mainly due to a 43% increase in short-term receivables to VND654.4 billion and a near doubling of inventory to VND552.8 billion. On the other hand, non-current assets decreased by 11.7% to VND1.45 trillion.

Total liabilities fell slightly to VND588.1 billion ($22.5 million), with short-term liabilities making up more than VND583.9 billion. These included over VND252 billion in payables to suppliers and more than VND183.7 billion in short-term loans.

Notably, as of the end of Q2/2025, Vinacafé Bien Hoa had an accumulated undistributed post-tax profit of nearly VND1.64 trillion ($62.73 million). This is a significant figure, especially when the company frequently pays large cash dividends.

In 2017, it paid a cash dividend of VND66,000 ($2.52) per share, while from 2019 to 2024, the dividend ranged from VND24,000 to VND25,000 per share.

In the stock market, VCF closed Tuesday at VND319,200 ($12.21) per share, up nearly 7% from the previous session.