Quang Nam Mineral Industry Corporation profit falls 30%

Quang Nam Mineral Industry Corporation's net profit after tax fell 29.53% to VND 4.37 billion in Q2 2025, down from VND 6.20 billion a year earlier.

The decline was driven by a 5.69% drop in sales revenue while cost of goods sold increased 2.55%, causing gross profit to plunge 31.56%.

For the first half of 2025, net profit dropped 26.27% to VND 5.96 billion as total sales revenue fell 17.23%.