The company has sharply increased its inventory value by VND 200 billion in Q2, as it prepares stock for the back-to-school season and the launch of new bookstores.
According to its Q2 2025 financial report, Ho Chi Minh City Book Distribution Joint Stock Company (Fahasa – Ticker: FHS) reported end-of-period inventory of VND 1,006 billion, surpassing the VND 1,000 billion mark for the first time. This figure represents an increase of over VND 200 billion (or 26%) in just one quarter.
Most of this inventory consists of finished goods, accounting for VND 994 billion or nearly 99% of the total. The remaining portion includes raw materials and unfinished business-related costs.
In addition to goods, the company is also maintaining a strong cash position, with cash, cash equivalents, and bank deposits reaching VND 524 billion, up over 10% from the beginning of the year and representing 28% of total assets.
The company stated that it is collaborating with partners to prepare a large-scale stockpile of goods, including textbooks, reference books, foreign language books, notebooks, backpacks, and student supplies for this year’s back-to-school season.
Fahasa also plans to collaborate with shopping centers in Ho Chi Minh City, Hanoi, and Hai Phong to organize Back to School book fairs in August to serve the upcoming academic year.
Looking at Q2 performance, the company recorded a net revenue increase of nearly 9%, reaching VND 1,212 billion (equivalent to a daily average of VND 13.3 billion). Pre-tax profit reached over VND 10 billion, up 15% year-over-year.
For the first half of 2025, Fahasa reported a revenue of VND 1,984 billion, up nearly 9% compared to the same period last year. Pre-tax profit reached VND 29.3 billion, an increase of over 4%, achieving 40% of the annual target — even before the peak season.
Fahasa currently owns the largest bookstore chain in Vietnam, with approximately 130 stores. The company also announced plans to open four new bookstores in Q3, including Fahasa Dong Ba, Fahasa Nguyen Anh Thu, Fahasa Hung Yen, and Fahasa Vu Yen.
The company currently has chartered capital of nearly VND 128 billion, with state capital (via Saigon Cultural Corporation) accounting for 30.5%, and the remaining 69.5% held by private investors.
Source: vietnambiz.vn
Related posts
Celebrating the 50th Anniversary of FAHASA (August 6, 1976 – August 6, 2026)
On August 6, 2026, the 50th Anniversary Celebration of Ho Chi Minh City Book Distribution Corporation – FAHASA was solemnly held at Thiskyhall Convention Center, Sala (10 Mai Chi Tho Street, An Khanh Ward, Ho Chi Minh City), marking a significant milestone of half a century of establishment, growth, and development. Over the past 50 years, FAHASA has steadily expanded its operations, becoming one of Vietnam’s leading enterprises in the distribution of books and cultural products. The achievements FAHASA celebrates today are the result of the sound leadership and strategic direction of the Company’s Board of Management, together with the...
FAHASA Celebrates Its 50th Anniversary, Reaffirming Its Mission of ‘Serving the Community – Spreading Knowledge’
On the morning of August 6, Ho Chi Minh City Book Distribution Corporation (FAHASA) held a ceremony to celebrate its 50th anniversary (August 6, 1976 – August 6, 2026) and receive the First-Class Labor Order. This significant milestone marks half a century of promoting knowledge and supporting the development of reading culture by one of Vietnam’s leading book distribution brands. The ceremony was attended by former State President Truong Tan Sang; former Vice State President Dang Thi Ngoc Thinh; Van Thi Bach Tuyet, Deputy Secretary of the Ho Chi Minh City Party Committee; Nguyen Manh Cuong, Vice Chairman of the...
FAHASA Is Honored to Receive the First-Class Labor Order Conferred by the President of the Socialist Republic of Vietnam
On the morning of August 6, 2026, at THISKYHALL Convention Center, Ho Chi Minh City Book Distribution Corporation – FAHASA solemnly held its 50th Anniversary Celebration (1976–2026), marking a significant milestone in FAHASA Corporation’s journey of establishment, development, and service to the community. The ceremony was honored by the presence of former Presidents and former Vice Presidents of the Socialist Republic of Vietnam; incumbent and former leaders of central authorities and Ho Chi Minh City; representatives of municipal departments, agencies, and sectors; leaders of publishing houses; domestic and international partners and customers; representatives of press and media agencies; FAHASA leaders...