FilingReader Intelligence

Petro Times reports 17.83% profit increase in Q3 2025

October 21, 2025 at 06:06 PM UTCBy FilingReader AI

Petro Times Joint Stock Company announced a substantial increase in profit after tax for Q3 2025, reaching VND 2,380,305,568. This represents a 17.83% increase compared to Q3 2024's VND 2,020,120,402. The company attributed this strong performance to increased sales activities and a significant growth in sales revenue of VND 265 billion during the quarter.

The unaudited Q3 2025 financial statements show total assets of VND 468,257,388,318, down from VND 496,212,843,140 at the beginning of the year. Current liabilities stood at VND 263,281,885,818, while owner's equity increased to VND 204,975,502,500 from VND 197,254,168,113 at the start of the year.

The company's net revenue from sales and services year-to-date as of September 30, 2025, was VND 3,186,507,451,730, up from VND 2,939,200,717,379 in the same period last year. Profit after corporate income tax year-to-date also rose to VND 7,721,334,387, compared to VND 7,040,216,191 for the same period in 2024.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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