HTC Holding reports zero profit in Q3 2025 amidst restructuring

HTC Holding Joint Stock Company reported a post-tax profit of VND 0 for the third quarter of 2025, a substantial decrease from the VND 205,008,090 profit recorded in the same period of 2024. This 100% reduction in profit is attributed to the company undergoing a business restructuring phase, which resulted in no new orders and, consequently, no revenue recognized during the quarter.

The company's total assets for Q3 2025 stood at VND 81,993,813,874, an increase from VND 71,901,147,689 at the beginning of the year. Short-term assets rose to VND 32,993,813,874 from VND 22,901,147,689, while long-term financial investments remained stable at VND 49,000,000,000. Liabilities increased to VND 14,846,583,397 from VND 4,480,779,262.

Owner’s equity was reported at VND 67,147,230,477, a slight decrease from VND 67,420,368,427 at the beginning of 2025. This includes a contributed capital of VND 60,500,000,000 and an undistributed profit after tax of VND 6,200,862,975. The company's cash and cash equivalents also saw a significant increase, reaching VND 19,141,031,248 in Q3 2025, up from VND 61,749,541 at the start of the year.