Viglacera Ha Long returns to profit in Q3, driven by lower costs
Viglacera Ha Long Joint Stock Company reported a post-tax profit of VND 9,950,806,248 in Q3 2025, a substantial increase from a loss of VND 26,348,024,375 in Q3 2024. This positive shift is primarily attributed to lower input material and fuel prices, coupled with higher selling prices in Q3 2025.
The consolidated financial statements show total assets of VND 766,824,018,641 as of September 30, 2025, an increase from VND 728,932,935,105 at the beginning of the year. Owner's equity also grew to VND 492,768,947,664 from VND 471,854,660,668 over the same period.
The company's net revenue from sales and service provision for Q3 2025 reached VND 277,662,139,085, slightly down from VND 281,565,731,520 in Q3 2024. However, the cost of goods sold decreased to VND 231,751,648,481 in Q3 2025 from VND 247,606,389,790 in Q3 2024, contributing to an improved gross profit. Basic earnings per share for Q3 2025 were reported at VND 837, a turnaround from VND -2,034 in Q3 2024.
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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