High-Grade Brick-Tile Corporation reports 19% profit decline

High-Grade Brick-Tile Corporation's net profit after tax for Q2 2025 decreased by 19% year-over-year, attributed to a 10% reduction in selling prices for construction bricks and a 20% price cut for lower-quality products to clear inventory.

Despite the profit decline, total revenue increased 27% to VND 8,875,877,125 from VND 7,000,289,333 in the prior year. However, cost of goods sold rose significantly by 51% to VND 6,102,932,320, impacting gross profit margins.