Nui Beo Coal sees significant Q3 profit surge after challenging 2024

Nui Beo Coal Joint Stock Company – Vinacomin estimates its after-tax profit for Q3 2025 to be VND 1,756,385,028, an increase of VND 105,885,492,120 compared to Q3 2024. The cumulative after-tax profit for the first nine months of 2025 is projected at VND 16,306,333,566, an increase of VND 87,774,097,762 from the same period in 2024. This significant growth is attributed to the fact that Q3 2024 saw the company incur a loss of VND 104,129,107,092 due to adverse weather and damages from Storm No. 3 (Typhoon Yagi), which suspended production for an extended period.

The company's total assets for Q3 2025 are reported at VND 2,297,716,824,612, a decrease from VND 2,570,220,921,022 at the beginning of the year. Total liabilities stand at VND 1,792,548,288,079, while owner's equity is VND 505,168,536,533. Cash and cash equivalents at the end of Q3 2025 amounted to VND 6,039,497,868, down from VND 6,621,963,053 at the start of the year.

A notable transaction during the first nine months of 2025 involves the sale of clean coal and other services to the Hon Gai Coal processing Company - Vinacomin, with a transaction ratio of 68.41% of total assets, based on the most recent financial statement.