GKM holdings reports sharp revenue drop, but narrows Q3 2025 loss

GKM Holdings reported a sharp decline in revenue from sales and service provision for Q3 2025, reaching VND 2,418,613,638, a 76.48% decrease from VND 10,281,851,452 in Q3 2024. This drop is primarily attributed to a decrease in commercial business activities for some of the company's products.

Despite the significant revenue decline, the company saw a notable increase in financial revenue, rising to VND 838,084,812 in Q3 2025 from VND 175,213,424 in Q3 2024. This 378.32% increase was mainly driven by deposit revenue and lending activities.

Consequently, profit after tax improved by 62.24%, moving from a loss of VND 1,525,429,776 in Q3 2024 to a loss of VND 576,006,579 in Q3 2025. This improvement in profitability is attributed to reduced company expenses.