ALTA Company swings to significant Q3 profit

ALTA Company reported a net profit after corporate income tax of VND 1,217 million for Q3 2025, a significant increase of VND 2,091 million compared to a loss of VND 874 million in Q3 2024. This turnaround represents a 239% change in profitability year-over-year.

The positive shift is primarily attributed to a 50% increase in total revenue and income, reaching VND 116,763 million in Q3 2025 from VND 78,004 million in Q3 2024. Total expenses also rose by 46% to VND 115,545 million, up from VND 78,878 million in the corresponding period last year.

Basic earnings per share for Q3 2025 stood at VND 212, contrasting sharply with a loss of VND 152 in Q3 2024. Accumulated profit after tax for the nine months ending September 30, 2025, reached VND 3,320,542,100, a notable improvement from a loss of VND 2,945,394,208 for the same period in 2024.