Garment 10 Corporation Targets 7.4% Revenue Growth In 2025
Garment 10 Corporation (Garco 10) has set a goal to achieve a 7.4% increase in revenue for 2025, aiming to surpass VNĐ 5.05 trillion (US$ 198.4 million). Additionally, the company plans to generate profits of VNĐ 135 billion, reflecting a 2.3% growth compared to this year.
General Director Thân Đức Việt outlined that Garco 10 will focus on advancing its digital transformation, accelerating its green transition and boosting automation. The company will also emphasize improving governance and expediting product development to strengthen its position in the global value chain.
Garco 10 plans to further enhance its brand presence on the international stage, with key brands including May 10, GrusZ, and DeTHIA.
In 2024, the company exceeded expectations, reporting nearly VNĐ 4.7 trillion in revenue—an 11% increase over its target—and a pre-tax profit of VNĐ 131.5 billion, up by 14%.
The broader garment and textile sector saw export revenue reach $ 44 billion in 2024, up 11.26% from 2023, with projections indicating the sector will generate $ 48 billion in export revenues in 2025.
