Hanoi – Hai Duong Beer sees profit decline in Q3 2025

Hanoi – Hai Duong Beer Joint Stock Company (HAD) announced a more than 10% decline in profit after tax for Q3 2025 compared to the same period last year, totaling VND 3,618,520,342. This decrease is primarily due to intense competition within the industry and adverse weather conditions, including frequent storms and heavy rain, which impacted sales and product consumption.

The company's total assets for Q3 2025 stood at VND 123,775,299,922, an increase from VND 95,109,340,477 at the beginning of the year. Liabilities also rose to VND 48,284,627,458 from VND 21,208,308,483. Cash and cash equivalents at the end of the period were VND 3,949,667,805.

Net revenue from sales and services for Q3 2025 was VND 62,075,914,567, a slight increase from VND 61,507,064,199 in the previous period. However, finance income saw a significant drop from VND 917,517,678 to VND 309,793,461. The company's contributed charter capital remained stable at VND 40,000,000,000.