La Hien Cement's Q3 after-tax profit falls 15.64%

VVMI La Hien Cement Joint Stock Company announced a 15.64% decrease in after-tax profit for the third quarter of 2025, falling to VND 4,250,713,169 from VND 5,038,344,044 in the same period of 2024. This decline is primarily attributed to reduced demand for cement influenced by the real estate market, as well as lower sales volume and revenue due to harsh weather and heavy rainfall.

Additionally, the company temporarily halted its production line for equipment maintenance and repair during Q3 2025, further impacting business performance. Despite these challenges, total assets stood at VND 301,690,320,749, with total liabilities at VND 119,961,015,422, and owner's equity at VND 181,729,305,327.

The company also reported a significant transaction involving the purchase of coal dust for production, valued at VND 117,690,390,480, representing 39.01% of its total assets as of the third quarter of 2025. This transaction was completed on September 30, 2025.