Trang Corporation's Q3 profit dips amid strategic shift to year-round products

Trang Corporation (HNX: TFC) announced its Q3 2025 financial results, with consolidated profit after tax of 69 billion VND and separate profit after tax of 67 billion VND. These figures represent a 15% and 17% decrease, respectively, compared to Q3 2024. The company attributed this decline to a strategic shift initiated in early 2025, moving away from seasonal products towards year-round offerings to optimize operating costs and maintain stable factory capacity.

Despite the quarterly dip, the new strategy has yielded positive long-term results, with consolidated profit after tax for the first nine months of 2025 reaching 141 billion VND, a 25% increase over the same period in 2024. This achievement represents 84% of the full-year 2025 consolidated profit target. The parent company's profit after tax for the first nine months of 2025 grew by 15% to 129 billion VND compared to 2024.

Trang Corporation's financial statements confirmed no transactions valued at 35% or more of total assets during the period. The consolidated financial statements for Q3 2025, along with explanatory documents, have been published on the company's website, adhering to regulatory disclosure requirements.