Hai Phong Cement sees strong Q3 2025 profit growth

Hai Phong Cement Trading and Transportation Joint Stock Company (HCT) reported a net profit after tax of VND 288,092,430 for Q3 2025, marking a substantial increase of VND 192,039,998 compared to Q3 2024. This notable improvement is primarily attributed to a reduction in both the cost of goods sold and selling expenses. The cost of goods sold decreased by VND 685,962,839, while selling expenses saw a reduction of VND 175,158,691.

The company's financial operating revenue also experienced a positive uplift, increasing by VND 85,282,807 to reach VND 276,072,832 in Q3 2025. This, combined with the decreased expenses, contributed to a higher gross profit from sales and service provision, which rose by VND 182,356,114 to VND 1,107,834,884. The company’s total assets as of September 30, 2025, stood at VND 42,283,811,815.