High-Grade Brick-Tile’s Q3 profit drops 41% due to adverse weather

High-Grade Brick-Tile Corporation (MCC) announced a 41% decrease in its after-tax profit for Q3 2025 compared to the same period last year. Profit after corporate income tax fell from 651,335,490 in Q3 2024 to 384,963,050 in Q3 2025. This downturn is largely attributed to heavy rainfall in September 2025, which led to a temporary halt in clay mining and trading activities for many companies.

As a result, the company’s clay revenue for Q3 2025 plummeted by 46% compared to the previous year. The announcement highlights that High-Grade Brick-Tile Corporation's business performance is predominantly driven by clay products, making it vulnerable to such weather-related disruptions.

Despite the significant profit reduction, the company’s total revenue from sales and services rendered increased by 72%, from 7,099,751,037 in Q3 2024 to 12,240,974,812 in Q3 2025. However, the cost of goods sold surged by 122%, reaching 10,335,365,892, indicating higher operational expenses relative to sales growth.