Vicem Cement Trading Q3 2025 profit soars by 4,452%

Vicem Cement Trading Joint Stock Company's profit after tax for Q3 2025 reached VND 3,522,583,905, marking a significant increase of VND 3,445,204,183, or 4,452%, compared to Q3 2024. This growth was primarily fueled by a surge in cement business activities, which saw profit before tax rise to VND 5,049,000,000, partly due to an average gross profit increase of VND 7,785 per ton and the recovery of VND 4,728,000,000 in doubtful debt.

The company's office and warehouse rental operations also contributed positively, with profit before tax climbing by VND 377,000,000 to VND 482,000,000 in Q3 2025. This improvement was attributed to securing new warehouse tenants.

Furthermore, financial activities generated VND 614,000,000 in profit before tax, an increase of VND 102,000,000 from Q3 2024. Higher interest income from bank deposits and sales discount income contributed an additional VND 127,000,000. However, other profit before tax decreased by VND 1,283,000,000 to VND -1,252,000,000 due to increased payment discount expenses.