Ha Noi Battery sees significant profit drop in Q3 2025

Ha Noi Battery Joint Stock Company reported a profit after tax of VND 9.7 billion for Q3 2025, marking a 36% decrease equivalent to VND 5.4 billion compared to Q3 2024. This significant reduction is attributed to a 20% decrease in sales output during Q3 2025 compared to the same period.

Furthermore, raw zinc prices surged by over 13% during Q3 2025 relative to the previous year. This increase in raw material costs led to a higher proportion of the cost of goods sold relative to net revenue, consequently contributing to the overall decrease in profit for the period. The company also notes a decrease in total assets from VND 208,399,052,788 on January 1, 2025, to VND 197,631,711,382 on September 30, 2025.