Da Nang Education Investment reports significant Q3 2025 profit increase

Da Nang Education Investment and Development Joint Stock Company (DAD) recorded a net profit after tax of VND 2,548,724,249 for the third quarter of 2025, a significant rise from VND 1,747,767,093 in the same period of 2024. This increase is primarily attributed to cost-saving measures in selling and administrative expenses. Basic earnings per share also improved, reaching 547 VND in Q3 2025, up from 281 VND in Q3 2024.

Total assets for the company stood at VND 321,917,375,072 as of September 30, 2025, compared to VND 163,243,656,484 at the beginning of the year. Current liabilities increased substantially to VND 223,477,143,708 from VND 65,958,009,465 on January 1, 2025. This was driven by a rise in accounts payable to suppliers to VND 175,029,845,885 from VND 26,238,118,752.

The company's equity also saw an increase, reaching VND 98,440,231,364 as of September 30, 2025, from VND 97,285,647,019 at the start of the year. The financial statements confirm compliance with Vietnamese accounting standards and legal regulations, with no material errors or ongoing operational disruptions identified.