Can Tho Sadico reports 111% profit surge in Q3 2025

Can Tho Sadico Joint Stock Corporation announced a substantial improvement in its financial performance for the third quarter of 2025. The company reported a net profit after tax of VND 619,830,774, marking a 111% increase from a net loss of VND 5,453,694,167 in Q3 2024. This turnaround is primarily attributed to a reduction in the cost of goods sold and administrative expenses, which decreased by 22% and 14%, respectively.

Total assets for Q3 2025 stood at VND 307,899,217,851, an increase from VND 300,866,910,078 at the beginning of the year. Net sales for the quarter were VND 46,401,757,822, reflecting an 11% decrease from VND 52,134,733,168 in the same period last year. Despite the decline in net sales, the gross profit saw an impressive 8115% surge to VND 5,582,405,590 from VND 67,955,799 in Q3 2024. The company has no subsidiaries or affiliated accounting units that require consolidated financial statements.