Hoa Cam Concrete's Q3 2025 profit soars 188.9%
Hoa Cam Concrete Joint Stock Company reported a substantial 188.9% increase in profit after tax for Q3 2025, reaching VND 9.242 billion, compared to VND 4.893 billion in Q3 2024. This significant growth is primarily attributed to a 128.1% rise in revenue from sales and service provision during the quarter.
The company's financial performance was further bolstered by improved financial management. Interest income from bank deposits and loans surged to VND 140.97 million in Q3 2025, up from VND 1.96 million in Q3 2024. Concurrently, interest expenses were successfully reduced to VND 0 in Q3 2025, a stark contrast to over VND 70.7 million incurred in the same period last year.
Additionally, Hoa Cam Concrete made no provision for doubtful debts in Q3 2025, whereas it had set aside over VND 3.33 billion for this purpose in Q3 2024. These combined factors contributed to a robust financial quarter for the company.
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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