40 Investment and Construction reports soaring Q3 2025 profits

40 Investment and Construction Joint Stock Company (L40) reported a substantial increase in its consolidated net profit after tax (NPAT) for Q3 2025, reaching VND 59,419,031,547. This represents a 2,633.69% surge, or VND 57,245,446,790, compared to Q3 2024 NPAT of VND 2,173,584,757. The company attributes this growth to increased revenue from sales and services, coupled with a decrease in both cost of goods sold and administrative expenses, which enhanced its profit margin.

The consolidated financial statements for the third quarter ended September 30, 2025, were prepared on October 24, 2025, and approved for issuance by the general director on October 30, 2025. This marks the first period the company has prepared consolidated financial statements, making direct comparability with previous periods, which reflected only the parent company's figures, not possible.

As of September 30, 2025, L40's total assets amounted to VND 623,969,319,049, with total liabilities at VND 276,775,939,865. The company's equity stood at VND 347,193,379,184. Basic and diluted earnings per share for the nine months ended September 30, 2025, were reported at VND 5,885, a significant increase from VND 424 for the same period in the prior year.