Danang Housing Development sees significant Q3 2025 profit surge

Danang Housing Development and Construction Joint Stock Company (NDX) reported a substantial increase in profit for the third quarter of 2025. The company's profit after corporate income tax reached VND 1,872,213,644, a 422.17% surge compared to the VND -581,132,668 loss recorded in the same period last year. This significant improvement is primarily attributed to a heightened demand in the construction sector.

Total revenue for Q3 2025 also saw a considerable boost, rising to VND 18,931,523,456, marking a 131.05% increase from VND 8,193,574,214 in Q3 2024. Profit before tax followed a similar trajectory, reaching VND 2,342,531,805, up 503.10% from VND -581,132,668 in the prior year.

The company's full financial report for Q3 2025, including financial statements, business results, cash flow statements, and notes, is available on www.ndx.com.vn. The management confirmed the accuracy of the disclosed information and takes full legal responsibility for its content.