FilingReader Intelligence

Viglacera Tien Son beats Q3 profit targets, outlines Q4 expansion

October 13, 2025 at 06:03 PM UTCBy FilingReader AI

Viglacera Tien Son JSC announced its Q3 2025 operating results, revealing net revenue of 673,700 million VND, achieving 98% of the plan. Pre-tax profit significantly exceeded expectations at 42,347 million VND, reaching 106% of the target, primarily due to reduced production downtime costs. For the first nine months of 2025, net revenue reached 1,596,720 million VND (95% of plan), and pre-tax profit soared to 61,425 million VND, achieving an impressive 146% of the target. Average income for employees also showed a positive trend, reaching 16,000 VND/person/month in Q3, 103% of the plan.

Looking ahead to Q4 2025, Viglacera Tien Son has set ambitious targets: net revenue is projected at 715,757 million VND, with a pre-tax profit target of 40,982 million VND. The company plans to maintain stable production, ensure product quality, and actively manage raw material reserves for 6-12 months. Investment activities will focus on projects such as "Deep investment in converting line 2 to produce Inkjet 800x800 glossy tile products" and "Investing in building a fluidized bed kiln for the ATM65 spray drying tower at My Duc Viglacera Factory."

Strategic initiatives include continued negotiations with suppliers to reduce input costs, strict quality control of raw materials, and expanding high-end product lines such as Eurotile, Colorbody, and Signature. The company also plans to hold an extraordinary general meeting in 2025 to discuss the merger of Viglacera Thang Long and Viglacera Ha Noi into Viglacera Tien Son.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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