Nam Mekong Group reports Q3 profit surge on strong real estate performance
Nam Mekong Group Joint Stock Company reported a 45.85% increase in separate after-tax profit for Q3 2025, reaching VND 9,108 million compared to VND 6,245 million in Q3 2024. Consolidated after-tax profit also saw a significant jump of 51.13% to VND 9,479 million from VND 6,272 million in the same period last year. This growth is primarily attributed to increased revenue from real estate products, particularly the Bao Ninh 2 Urban Area Project.
The company's financial results reflect successful optimization of its enterprise structure, leading to reduced finance costs, selling expenses, and general administrative expenses compared to the previous year. Nam Mekong Group, headquartered in Hanoi, operates in real estate trading, construction, and manufacturing, maintaining three subsidiaries and two associates as of September 30, 2025.
The Q3 2025 financial report also details a healthy financial position, with total assets of VND 2,980,569,979,801 and owner's equity of VND 1,474,165,109,268 at the end of the period. The company’s shares are actively traded on the Hanoi Stock Exchange. This information was disclosed on October 30, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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