Macstar Group's Q3 2025 profit soars 270%

Macstar Group Corporation announced a substantial increase in its consolidated business results for Q3 2025, with net profit after tax soaring by 270.2% to 27,415,947,565 VND, compared to 7,406,411,302 VND in Q3 2024. This remarkable growth was primarily attributed to an increase in profit from trading securities transactions, alongside recognition of profits from its subsidiaries, Macstar Coastal Container Lines Joint Stock Company and Macstar Ho Chi Minh Joint Stock Company, both established in 2024 and 2023, respectively.

The company's net revenue also saw a significant boost, reaching 71,953,115,013 VND in Q3 2025, a 108.9% increase from 34,446,735,190 VND in Q3 2024. Total assets as of September 30, 2025, stood at 664,461,199,081 VND, nearly doubling from 310,264,174,859 VND at the beginning of the year. This growth reflects strong performance across its logistics services and investment activities.

Cash and cash equivalents, however, decreased to 16,306,409,030 VND as of September 30, 2025, from 41,201,213,966 VND at the start of the year. This was influenced by substantial cash outflows from operating activities, which totaled a negative 307,171,886,724 VND for the period. Despite this, financing activities generated significant cash inflows, largely from new borrowings and stock issuance.