Bac Kan Mineral Reports Substantial Profit Surge in Q2 2025

Bac Kan Mineral Joint Stock Corporation reported a profit after corporate income tax of VND 10,673,272,506 for Q2 2025, a substantial rise from VND 2,301,792,478 in Q2 2024. This increase is primarily attributed to a higher gross profit from sales and service provision, which reached VND 14,782,667,535 in Q2 2025, up by VND 6,867,657,284 compared to Q2 2024.

Despite a decrease in net revenue from sales and service provision to VND 98,058,858,649 in Q2 2025 from VND 101,452,546,871 in Q2 2024, the cost of goods sold declined more significantly. Financial income also saw a notable increase, reaching VND 3,969,575,128 in Q2 2025 compared to VND 1,108,887,808 in Q2 2024.