Petrolimex IT and Telecom's Q3 2025 profit after tax surges 210.4%

Petrolimex Information Technology and Telecommunication Joint Stock Company (PIA) announced a profit after tax of VND 4,043,010,341 for the third quarter of 2025. This represents a significant increase of 210.4% compared to VND 1,302,693,224 in the same period of 2024. The overall profit before tax for Q3 2025 reached VND 8,069,939,984, compared to VND 8,229,745,446 in Q3 2024.

The company's total revenue and other income for Q3 2025 increased by VND 15,868 million, or 53.8%, over Q3 2024. Concurrently, total expenses rose by VND 12,442 million, an increase of 44.6% compared to the third quarter of 2024. This growth in revenue, outpacing the increase in expenses, primarily drove the surge in profit after tax.

As of September 30, 2025, total assets were VND 92,778,000,555, with current assets amounting to VND 77,700,144,926 and long-term assets at VND 15,077,855,629. Liabilities stood at VND 26,130,978,385, while owners' equity was VND 66,647,022,170.