Vinacomin Machinery Q2 profit jumps 18% on cost cuts

Vinacomin Machinery Joint Stock Company reported Q2 2025 after-tax profit of VND 4.05bn, up 18% from VND 3.44bn a year earlier. The growth was driven by cost-reduction measures, particularly lower financial expenses.

The company completed a major steel billet purchase from VINACOMIN-Minerals Holding Corporation worth 75.8% of total assets, valued at VND 497bn based on Q2 assets of VND 655.7bn.