Danang Housing Q3 profit surges on stock market gains

Danang Housing Investment Development Joint Stock Company (NDN) announced a substantial improvement in its Q3 2025 financial performance, with net profit after tax soaring by 3367% to VND 70,986 million, compared to VND 2,045 million in Q3 2024. This growth was attributed primarily to positive developments in the stock market, which led to increased profits from financial activities.

The company's total revenue for Q3 2025 also saw a significant rise of 113.3%, reaching VND 105,633 million, up from VND 49,529 million in the same period last year. Concurrently, total expenses decreased by 55.3%, from VND 45,810 million in Q3 2024 to VND 20,482 million in Q3 2025. As a result, profit before tax jumped by 2190%, totaling VND 85,151 million in Q3 2025 compared to VND 3,719 million in Q3 2024.

As of September 30, 2025, NDN’s total assets stood at VND 1,286,274,529,392, with owner's equity at VND 1,197,114,902,716. The company’s contributed capital remained stable at VND 716,579,360,000, reflecting 71,657,936 outstanding shares with a par value of VND 10,000 per share.