Petrolimex Installation No.III reports strong Q3 profit growth

Petrolimex Installation No.III Joint Stock Company reported a Q3 2025 after-tax profit of VND 519 million, an 88% increase compared to the same period in 2024. This growth is attributed to revenue and profit recognition from contracts upon acceptance and payment, alongside profits from securities investment activities. The company’s total revenues for Q3 2025 reached VND 93.555 million, up 36.7% from Q3 2024.

The financial statements for Q3 2025 were prepared on October 17, 2025, and announced on October 20, 2025. These reports adhere to Vietnamese Accounting Standards and Circular No. 200/2014/TT-BTC, ensuring comparability with previous periods. The company confirmed that any after-tax profit discrepancy before and after auditing for 2025 would not exceed 5%.

As of September 30, 2025, the company had total assets of VND 310,587,624,324 and total liabilities and owners' equity of VND 310,587,624,324. Shareholder equity stood at VND 59,184,553,965. No transactions valued at 35% or more of total assets were reported for 2025.