FilingReader Intelligence

Thang Long Joint Stock Corporation reports significant profit growth in Q3

November 4, 2025 at 06:10 PM UTCBy FilingReader AI

Thang Long Joint Stock Corporation reported a substantial increase in after-tax profit for Q3 2025 compared to Q3 2024. Separate financial statements show after-tax profit rising by VND 27,932,133,948 to VND 29,524,093,103, marking a 1,754.58% increase. Consolidated after-tax profit grew by VND 28,377,857,375 to VND 33,521,604,380, a 551.70% increase. The company attributes this significant growth to several projects reaching advanced technology application stages, leading to higher efficiency.

Total assets for the period stood at VND 2,590,078,316,588, with current assets at VND 2,314,304,173,607 and non-current assets at VND 275,774,142,981. Liabilities totaled VND 2,014,675,783,807, while owners' equity reached VND 575,402,532,781. Revenues from sales and services rendered for Q3 2025 were VND 370,852,533,144, with net profit before tax at VND 33,473,429,246.

The company's principal activities include construction of railways, roads, and other civil works, property rentals, building material trading, and road repair services. As of September 30, 2025, the corporation's total employees were 162.

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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