LICOGI 18 profit surges over 40% in first half 2025 despite revenue drop

LICOGI 18's unaudited consolidated financial statements for the first half of 2025 reveal a 40.18% increase in post-tax profit, reaching VND 38,441,895,137, up from VND 27,422,720,372 in the same period of 2024. This growth occurred despite a 25.11% decrease in total revenue and income, which fell to VND 1,618,177,790,000 from VND 2,160,739,610,000 in the prior year. The company cited income from financial investment activities and real estate business as key contributors to the profit growth.

The company also reported a reduction in selling and financial expenses. Basic earnings per share increased to VND 839 in H1 2025 from VND 483 in H1 2024. Total assets stood at VND 5,172,191,333,853, an increase from VND 5,063,971,290,814 at the beginning of 2025. This information was officially published on the company's website on August 29, 2025.