Danang Airports Services reports strong Q3 profit growth

Danang Airports Services Joint-Stock Company (MASCO) reported a substantial increase in profit for the third quarter of 2025. Profit before tax (PBT) reached VND 2.057 million, and profit after tax (PAT) was VND 1.978 million. This represents a PBT increase of 41.28% and a PAT increase of 35.85% compared to the same period in 2024, when PBT and PAT were VND 1.455 million.

The strong performance is attributed to a 39.08% rise in total realized revenue, reaching VND 67.183 million in Q3 2025, up from VND 48.305 million in Q3 2024. This growth was primarily fueled by a 39.82% increase in net revenue from sales of goods and services (VND 19.107 million), driven by higher domestic passenger volume and new contracts for providing meals to international airlines at Da Nang and Cam Ranh airports.

Total expenses also increased by 39.01% to VND 65.126 million in Q3 2025 from VND 46.849 million in Q3 2024. Despite rising costs, stringent cost control and savings policies helped boost overall profitability for the quarter.