Vinacomin Northern Coal Trading swings to Q3 loss as profit declines significantly

Vinacomin Northern Coal Trading Joint Stock Company reported an after-tax loss of VND 2,814,921,594 for the third quarter of 2025. This marks a significant decline from the VND 26,403,493,193 profit recorded in the third quarter of 2024, representing a total decrease in after-tax profit of VND 29,218,414,787.

The company attributed this decline to several factors, including a decrease in gross profit by VND 41,904,085,758. Selling expenses were reduced by VND 37,713,246,368, while administrative expenses increased by VND 266,794,683. Additionally, financial revenue decreased by VND 31,328,666,748, and financial expenses rose by VND 2,938,229,143.

Despite these challenges, other profit saw an increase of VND 2,822,114,085. Corporate income tax also decreased by VND 6,684,001,092, partially mitigating the overall profit reduction for Vinacomin Northern Coal Trading.