IPA Investment Group sees strong half-year profit growth in separate statements

IPA Investment Group Joint Stock Company announced its audited interim separate financial statements for the six-month period ending June 30, 2025. The company reported a profit after tax of VND 341,841,767,137 for the period, a substantial increase compared to a loss of VND (157,380,014,891) in the same period of 2024. This turnaround is primarily attributed to a sharp rise in financial income, with dividends and distributed profits increasing by VND 434 billion and a VND 63 billion reduction in provision expenses for investment losses.

The company's consolidated financial statements also show a profit after tax of VND 143,968,789,016 for the first six months of 2025. However, this represents a 25% decrease compared to VND 192,710,970,490 from the corresponding period last year. The decline in consolidated profit is mainly due to a VND 35 billion decrease in gross profit from sales of goods and services, and a VND 10 billion decrease in profit from financial activities.

The announcement also includes the full audited interim separate financial statements for 2025 and audited interim consolidated financial statements for the second quarter of 2025, along with an explanation of the fluctuations in business results.