Bao Ngoc Group reports substantial Q3 2025 profit growth

Bao Ngoc Investment Group Joint Stock Company (BNA) reported a substantial increase in after-tax profit for Q3 2025. Consolidated after-tax profit reached VND 57,623,493,174, a 257.81% increase from VND 16,104,713,503 in Q3 2024. Separately, the company's after-tax profit rose by 127.88% to VND 30,913,106,865, compared to VND 13,565,609,649 in the same period last year.

Despite a 13.83% decline in consolidated net revenue from sales and services to VND 374,145,373,877, the gross margin expanded due to stable input material prices and optimized production costs. A key factor in the consolidated profit surge was a retrospective accounting adjustment, reversing a prior-period loss linked to the divestment of Bao Ngoc Southern Investment & Manufacturing JSC's stake in Me Trang Coffee Group JSC on September 26, 2025.

Additionally, the Mid-Autumn Festival 2025 project, falling within Q3, allowed the company to capture its full generated profit. These factors collectively contributed to the significantly higher after-tax profit compared to the previous year.