Viglacera Consulting JSC: Completing profit plan amid a volatile market
On the morning of March 31, 2026, Viglacera Consulting Joint Stock Company successfully held its 2026 Annual General Meeting of Shareholders, approving many key contents regarding 2025 business performance and the 2026 plan. With revenue increasing by 18% compared to 2024, profit reaching 100% of the plan, and employee income continuing to improve, the Meeting acknowledged that management efforts closely followed market realities and delivered positive results, creating a stable foundation for the next development phase.
Profit increased by 18% compared to 2024 amid market volatility
Speaking at the Meeting, Mr. Nguyen The Chinh stated that in 2025, the Board of Directors focused on directing the Executive Board to closely monitor market developments, proactively review operational structures, optimize production costs, enhance governance efficiency, and promote areas with competitive advantages. Decisions were implemented in a flexible and practical manner, closely aligned with efficiency and financial safety objectives, thereby playing a key role in maintaining stable operations and completing the 2025 targets.
According to Mr. Dang Le Hoang, in 2025, the real estate and construction markets showed positive signs thanks to supply recovery, increased demand, and the impact of public investment and infrastructure improvements. However, challenges remained in legal frameworks, supply-demand balance, and price control. In that context, under the direction of the Board of Directors and leadership, the Company proactively adapted, effectively implemented management solutions, and successfully completed its business plan.
The 2025 results reflected several highlights in a challenging year: total output value increased by 23% compared to the plan approved by the General Meeting at the beginning of the year and reached 129% compared to 2024. Revenue exceeded the annual plan by 14% and reached 118% of the previous year. Profit before tax reached VND 627 million, up 25% compared to 2024, demonstrating effective management and cost control.
Alongside business performance, employee welfare continued to improve. Average income in 2025 reached VND 21.5 million/person/month, equivalent to 116% of the plan and up 4% year-on-year. The Company ensured stable employment, fully implemented policies in accordance with regulations, and did not experience any delays or arrears in salary payments.
Financial and accounting work was carried out in compliance with regulations, with complete periodic reporting, while closely coordinating with relevant units to accelerate receivables collection. Outstanding receivables at the end of 2025 decreased significantly, reflecting improved financial management efficiency.
Enhancing operational and governance efficiency
The consulting and design segment—the Company’s core business—recorded strong efforts to overcome challenges in 2025, particularly as the restructuring of administrative units affected project acceptance timelines.
The Company expanded its project pipeline across various project management boards following administrative restructuring, while implementing key projects such as renovation and construction of schools in Ba Dinh, Hoan Kiem, Hai Ba Trung, and the Kim Chung urban area project of Viglacera Corporation – JSC.
The testing segment, despite facing increased competition and limited workload, still fulfilled assigned tasks. Interior construction activities made notable contributions through projects such as office buildings and workshops in Binh Xuyen Industrial Park.
In parallel with production activities, the Company fully implemented employee policies, including social insurance and health insurance for 100% of staff, periodic health check-ups, and maintaining union activities and employee welfare programs. Shareholders attending the Meeting expressed satisfaction with both business performance and employee welfare achievements.
All contents presented at the Meeting were approved by shareholders with a 100% consensus rate, reflecting strong agreement with the Company’s development orientation, including a proposed dividend rate of 12% for 2026.
The 2026 Annual General Meeting of Shareholders set out clear production and business targets and solutions aligned with the direction of Viglacera Corporation – JSC under Decision No. 4377/TCT-KHĐT dated December 30, 2025.
Accordingly, the Company targets revenue of VND 17,400 million and profit before tax of VND 665 million, aiming to enhance operational efficiency, ensure financial balance, and achieve stable growth.
These are considered important milestones for the Board of Directors and management to continue implementing effective strategies, building on the achievements of 2025, and moving toward stable, efficient, and sustainable operations in the coming years./.
