FilingReader Intelligence

Thai Binh Cement Reports Increased Profit Despite Revenue Decline

July 22, 2025 at 06:11 PM UTCBy FilingReader AI

Thai Binh Cement JSC announced its Q2 2025 financial report, revealing a profit after corporate income tax of VND 147,728,320, an increase from VND 60,657,225 in Q2 2024. This represents an improvement of VND 87,071,095 year-over-year.

Despite a decrease in revenue from sales of merchandise and services, falling to VND 3,023,732,041 in Q2 2025 from VND 4,838,337,014 in Q2 2024, the company's efforts to cut production costs significantly impacted its bottom line. The cost of goods sold decreased by VND 1,980,541,415, outpacing the revenue decline. Basic earnings per share for Q2 2025 were VND 98, compared to VND 240 in Q2 2024.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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