Haiphong Packing Vicem's Q3 2025 profit soars on strong sales

Haiphong Packing Vicem Joint Stock Company (HNX:BXH) reported a remarkable performance in the third quarter of 2025, with after-tax profit increasing by over 10% compared to the same period in 2024. The company's net profit after income tax for Q3 2025 reached VND245,603,223, a significant rise from VND102,772,053 in Q3 2024, representing a 238.98% increase. This growth was primarily attributed to a 16.95% increase in packaging output and successful expansion into the cement consumption market, boosting total revenue.

The company's total revenue and other income surged to VND68,384,684,840 in Q3 2025 from VND48,767,760,811 in Q3 2024, reflecting a 140.23% increase. Concurrently, total expenses also rose to VND68,077,680,811 from VND48,638,995,744, a 139.97% increase. Despite the rise in expenses, strategic cost-cutting measures ensured that revenue growth outpaced costs, leading to a profit before income tax of VND307,004,029 in Q3 2025, up from VND128,765,067 in Q3 2024, an increase of 238.42%.