Press Release: 2026 Annual General Meeting of Shareholders of Viglacera Corporation - JSC
On April 25, in Hanoi, Viglacera Corporation – JSC will organize the 2026 Annual General Meeting of Shareholders. In 2025, consolidated profit before tax reached VND 2,202 billion, completing 126% of the plan assigned by the General Meeting of Shareholders. The Parent Company achieved profit before tax of VND 1,535 billion, exceeding the plan by 8%. The expected dividend payout ratio is 22%. These are positive results, showing that Viglacera has been and is on the right track in solutions to overcome a challenging economic context, excellently completing financial targets, affirming the position of “a creator of green living trends” - a solid foundation for Viglacera to confidently enter a new development phase.
Sustainable growth in two core sectors: Building Materials and Real Estate
The building materials sector (VLXD), although facing major challenges from market fluctuations, competitive pressure, along with increases in exchange rates and input costs, Viglacera has flexibly transformed challenges into opportunities for development, improving business efficiency. Paying attention to evaluating trends and actual market demand brings the capability to promptly respond to economic developments, thereby implementing reasonable and flexible production and business plans. Investment activities in technology and equipment follow a direction of high automation, cost optimization, and energy saving. Result: Revenue of the building materials segment reached over VND 8,800 billion, recording a growth of 10% compared to 2024.
In the real estate sector (BĐS), the industrial park real estate (KCN) segment focuses on investing in technical infrastructure and improving the quality of management and operation services. Viglacera industrial park real estate has put into operation the Intelligent Operation Center (IOC); commenced construction of 3 new industrial park projects: Song Cong II - phase 2 (Thai Nguyen province), Doc Da Trang (Khanh Hoa province), Tran Yen (Lao Cai province).
The social housing/worker housing segment (NOXH - NOCN) is prioritized to accelerate investment progress. In the social housing and worker housing segment, by the end of 2025, the Corporation had completed 8,000 NOXH - NOCN apartments and is actively implementing other key projects. Typical examples are two social housing projects in Hanoi: Thang Long Green City and Tien Duong Park City; along with worker housing areas in industrial parks. Profit before tax of the entire sector reached nearly VND 2,000 billion, achieving 137% of the yearly plan.
Innovation, streamlining the organizational apparatus
After the 2025 Annual General Meeting of Shareholders approved the Resolution on implementing the Scheme “Innovation and streamlining of operational organization methods”, the Corporation quickly carried out restructuring of organizational operations of groups/sectors in the direction of: Ensuring that innovation always goes hand in hand with stable production and business; minimizing intermediate layers while streamlining the apparatus, avoiding overlap; designing an operational organizational model toward concentration, deep specialization, efficiency, and ease of control – thereby increasing responsiveness to market fluctuations. The Corporation exercises control through focal companies of each sector; enhances governance and executive efficiency, focusing on core business axes; optimizes all resources and reduces operating costs; prepares the organizational foundation for new development strategies… Thereby creating a premise for Viglacera to implement next steps and build a 5-year Development Strategy (period 2026–2030).
Production and business plan & key tasks for 2026
Facing geopolitical instability, determining to overcome all difficulties and create a new development cycle, Viglacera commits to further focusing financial resources, building plans to control operating cash flow in each sector, promoting human resources and machinery and equipment assets, and existing land funds for stable and sustainable development.
The materials sector will focus on developing and ensuring optimization of product designs, meeting the needs of each market segment; leveraging advantages of existing production technology lines; developing the “Green - Smart Materials” product set to meet goals of saving energy, natural resources, reducing carbon emissions - implementing the Net Zero roadmap.
The real estate sector: focusing on investing in improving service quality and operational management; promoting marketing activities, investment attraction and improving the quality of the sales team; continuing to replicate investment in green-smart industrial park management and development models.
Regarding business targets: The plan for consolidated profit before tax of the entire Corporation is VND 1,820 billion, profit before tax of the Parent Company is VND 1,200 billion. Revenue: The Corporation - JSC (consolidated) reaches VND 15,300 billion; the Parent Company reaches VND 4,078 billion; the capital construction investment plan of the Parent Company is expected to be VND 1,430 billion.
In 2026, Viglacera continues to strongly implement restructuring in governance and operation from the Parent Company to subordinate units to proactively overcome difficulties and challenges, improving production and business efficiency. Reviewing and completing the plan for implementing the task of innovation and streamlining operational organization methods to meet the Development Strategy for the period 2026–2030 in each group/sector. Along with that is the implementation of comprehensive digital transformation in governance and production and business operations.
With a streamlined governance foundation, agility in research and development, and long-term strategic vision, Viglacera believes it will continue to bring sustainable value to shareholders, partners and the community, comprehensively conquering market segments and bringing the Corporation’s brand to new heights./.
