PGT Holdings’ Q3 profit declines significantly amid restructuring efforts

PGT Holdings Joint Stock Company announced a substantial decline in its Q3 2025 profit after tax. For the separate financial report, profit after Corporate Income Tax (CIT) for Q3 2025 was 1,834,445,161 VND, a decrease from 2,890,751,044 VND in Q3 2024. The consolidated profit after CIT also saw a significant drop, reporting 980,026,537 VND in Q3 2025 compared to 5,379,360,471 VND in Q3 2024.

The company attributed this decline primarily to the absence of financial income in Q3 2025, which was present in the same period last year. Additionally, financial expenses increased due to periodic investment provisions. The change in non-controlling interests also played a role, reflecting cyclical variations in the business performance of several subsidiaries.

Despite these fluctuations, PGT Holdings stated that these movements reflect an ongoing portfolio restructuring and operational adjustment aimed at achieving stability and sustainable growth in the upcoming periods. The basic earnings per share decreased to 770 VND in Q3 2025 from 453 VND in Q3 2024.