Ha Tu Coal reports strong Q3 profit growth on increased consumption, lower costs

Ha Tu Coal Joint Stock Company-Vinacomin reported a Q3 2025 after-tax profit of VND 10,417 million, a substantial increase of VND 10,140 million compared to Q3 2024. This growth is attributed to a significant rise in coal consumption volume, which reached 471,895 tons in Q3 2025, up 212,030 tons from the same period in 2024.

The company also benefited from a notable decrease in its average cost price per ton, which fell by VND 419,746 to VND 1,359,491/ton in Q3 2025, down from VND 1,779,237/ton in Q3 2024. This favorable cost reduction, combined with increased sales, underpinned the improved financial performance. Total net revenue for Q3 2025 was VND 672,460 million, up from VND 506,999 million in Q3 2024.

The financial statement further indicated a healthy transaction ratio for Q3 2025, with transaction value representing 130.8% of total assets, based on the latest audited financial statements. This significant transaction volume stems primarily from coal purchase and sale agreements with Vietnam National Coal – Mineral Industries Holding Corporation Limited and its subsidiaries.