Asia-Pacific Investment reports Q3 2025 loss on real estate slump

Asia-Pacific Investment Joint Stock Company (API) recorded a loss in profit after corporate income tax for Q3 2025, with VND 6,076,447,247 for separate financial statements and VND 7,397,915,336 for consolidated financial statements. This represents a 17% decrease in separate profit after tax and a 12% decrease in consolidated profit after tax compared to the same period last year.

The company attributed the loss to decreased revenue from sales and services, resulting from reduced handover of real estate products. The real estate market's negative conditions led API to temporarily halt new sales launches, directly impacting its financial performance for the quarter.

As of September 30, 2025, total assets stood at VND 1,555,400,579,567, a decrease from VND 1,659,084,146,061 at the beginning of the year. Current assets were VND 941,757,924,357, while non-current assets amounted to VND 613,642,655,210. Liabilities totaled VND 678,438,462,553, and owner's equity was VND 876,962,117,014.