FilingReader Intelligence

Tien Phong Plastic reports significant Q3 2025 profit growth

October 21, 2025 at 06:05 PM UTCBy FilingReader AI

Tien Phong Plastic Joint Stock Company reported a consolidated net profit after tax of VND 257.6 bn for Q3 2025, marking a significant increase of 49.86% compared to VND 171.9 bn in the same period last year. This growth is primarily attributed to a rise in sales revenue and a decrease in raw material prices. The company also saw improved financial profit from effective cash and cash equivalent management.

Total revenue from sales of goods and services reached VND 5.02 trillion for the nine months ended September 30, 2025, up from VND 3.94 trillion in the prior year. Financial income for the nine-month period also surged to VND 124.4 bn, compared to VND 60.7 bn in the previous year.

The company's balance sheet for Q3 2025 shows total assets of VND 6.92 trillion, an increase from VND 6.41 trillion at the beginning of the year. Current assets stood at VND 5.03 trillion, with cash and cash equivalents totaling VND 216.9 bn. Owner's equity increased to VND 4.03 trillion from VND 3.67 trillion at the start of the year.

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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