Danang Books reports Q3 2025 profit decline on revenue dip

Danang Books and School Equipment Joint Stock Company reported a post-tax profit of VND 2,396,550,456 for the third quarter of 2025, marking a 17.31% decrease compared to the same period in 2024. This decline is largely attributed to a 13.58% reduction in net revenue from sales and services, with textbooks, children's books, various story types, printed products, and office rental services showing the most significant drops.

Consequently, gross profit for Q3 2025 decreased by 15.76% from Q3 2024. While total selling expenses and general and administrative expenses fell by 16.97%, some costs such as fixed asset depreciation, electricity, employee insurance, entertainment, and outsourced services saw slight increases.

Financial and other income also contributed to the profit decline, decreasing by 74.84% compared to the previous year, primarily due to reduced interest income from lower term deposits and expenses related to the liquidation of goods. Basic earnings per share for Q3 2025 stood at VND 759, down from VND 918 in Q3 2024.