Vexilla Viet Nam Group posts Q3 profit growth despite sharp revenue decline

Vexilla Viet Nam Group Joint Stock Company announced its Q3 2025 financial results, revealing a substantial 53.44% increase in after-tax profit for the parent company, reaching VND 21,42 million, compared to VND 13,96 million in Q3 2024. This growth occurred despite a 78.7% decrease in gross profit, driven by a sharp reduction in sales revenue. However, a significant decrease in interest expenses due to loan repayments helped boost net profit from production and business activities by 50.73%.

For the consolidated financial statements, Vexilla Viet Nam Group reported a 4.19% increase in after-tax profit for Q3 2025, reaching VND 66,89 million, up from VND 64,2 million in Q3 2024. Similar to the parent company, consolidated sales revenue decreased, leading to a 78.7% fall in gross profit. However, a substantial increase in profit from financial activities contributed to the overall positive after-tax profit performance. The company’s comprehensive Q3 2025 financial report and explanatory document have been filed with the Hanoi Stock Exchange.