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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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THACO reported consolidated revenue of about $3.12 billion (roughly VND 81,000 billion), up from $2.9 billion in 2024, indicating the company maintained its growth trajectory. Net profit from core business operations reached about $251 million (over VND 6,500 billion), rising sharply from $152 million in the prior year.
Jardines Matheson said the main driver of THACO’s business in 2025 came from the real estate segment. Jardines Matheson holds about 27% of THACO. By the end of 2025, the carrying value of this investment was about $723 million (nearly VND 18,800 billion).
By the end of 2025, THACO’s total assets were $2.15 billion, up from $2.01 billion in 2024. The 2025 figure includes non-current assets of $4.42 billion and current assets of $4.36 billion. THACO’s liabilities include long-term debt of $2.38 billion and short-term debt of $2.70 billion.
Jardine Matheson has invested in THACO since 2008, increasing its stake in 2019 with a valuation above $9 billion. By the end of 2023, the group also purchased nearly VND 9,000 billion THACO bonds.

Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…