Nagakawa Group reports mixed Q3: Revenue up, parent profit down

Nagakawa Group JSC experienced a significant increase in net revenue for Q3 2025, with parent company net revenue rising by VND 144.87 bn (37.30%) to VND 533.29 bn compared to Q3 2024. Consolidated net revenue also grew by VND 154.85 bn (39.00%) to VND 551.91 bn. This growth is attributed to early sales programs and flexible operating policies.

Despite the strong revenue performance, the parent company's profit after corporate income tax decreased by VND 12.17 bn (-238.03%) to VND -7.06 bn in Q3 2025, primarily due to increased sales support costs, bonuses, and marketing expenses. However, the consolidated after-tax profit saw a substantial improvement, rising by VND 3.13 bn (232.29%) to VND 4.48 bn, reflecting improved operating efficiency and cost optimization across member units.

As of Q3 2025, Nagakawa Group's total assets reached VND 2.25 trillion, up from VND 1.75 trillion at the beginning of the year. This increase was driven by a rise in short-term assets to VND 1.99 trillion and long-term assets to VND 261.69 bn. Liabilities also increased to VND 1.78 trillion, with owner’s equity reaching VND 475.19 bn.