FilingReader Intelligence

Danang Port sees 40% profit jump in Q3 2025

October 22, 2025 at 06:07 PM UTCBy FilingReader AI

Danang Port Joint Stock Company reported a significant after-tax profit of VND 111.707 billion for Quarter III 2025, marking a 40.44% increase compared to the same period last year. This growth is attributed to a 13.45% rise in total output for the quarter and a 13.66% increase in revenue from sales of goods and services.

The company's cost of goods sold and operating expenses for Q3 2025 only rose by 6% compared to the prior-year period. This modest increase was partially offset by land rental cost reductions recorded in 2024, further contributing to the enhanced profitability.

As of September 30, 2025, total assets stood at VND 2,666,142,664,795, with owner's equity at VND 1,979,512,073,090. The company's short-term investments, primarily in term deposits, amounted to VND 809,060,209,388.

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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