Cho Lon real estate sees significant Q3 2025 profit decline

Cho Lon Real Estate Joint Stock Company announced an after-tax profit of VND 83,991,967 for Q3 2025, marking a 75.77% decrease from VND 346,615,410 recorded in Q3 2024. This notable decline is predominantly attributed to a VND 789,072,787 fall in financial income, as the company had no profits from securities investment activities in Q3 2025, unlike the previous year.

Despite the reduction in financial income, the company saw a positive impact from a decrease in general & administrative (G&A) expenses, which fell by VND 335,385,118 compared to Q3 2024. However, this was insufficient to offset the substantial drop in financial income, leading to the overall reduction in after-tax profit for the quarter. The company released its Q3 2025 financial report to the Hanoi Stock Exchange on October 17, 2025.