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For the 2025 financial year, Thiên Long Group reported consolidated net revenue of 4,173.9 billion VND, up 11.1% from 2024 and reaching 99% of its plan. Net profit after tax was 445.1 billion VND, also at 99% of the plan and down 3.3% year-on-year.
As of end-2025, total assets were 3,569 billion VND and equity was 2,523 billion VND. The company paid an interim cash dividend at 35%.
Revenue by market shows domestic at 2,989 billion VND (71.6%) and export at 1,185 billion VND (28.4%).
In December 2025, Kokuyo announced plans to acquire 65.01% of Thiên Long’s shares for about 4,700 billion VND (roughly 27.6 billion JPY) to make Thiên Long a subsidiary. The transaction has not been completed yet.
E-commerce grew 99% in 2025, with TikTok Shop growth at 258%.
After seven years of online-channel investment, Thiên Long posted overall growth of 200%. The learning tools segment increased by 300%. The company partners with more than 1,000 KOLs/KOCs, contributing over 35% of monthly channel revenue.
Thiên Long has also built a logistics system, including a distribution center in Nam Định and Ho Chi Minh City, and a fast-order processing center in Hanoi to support 2–4 hour delivery.
At the meeting scheduled for 22/04/2026, the Board proposes net revenue of 4,400 billion VND for 2026, up 5.4% from 2025. The after-tax consolidated profit target is 440 billion VND, down 1.1% from 2025. The dividend target for 2026 remains at 35% of par value.
Management said the profit target is flat due to higher input costs. The company intends to keep selling prices stable rather than raising them by 15–20% to protect its distribution network and market share. It also plans to increase staff compensation to strengthen internal capacity.
The 2025 annual general meeting will be held on 22/04/2026 at the New World Saigon Hotel, Ho Chi Minh City.
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