One Capital Hospitality outlines plan to rectify stock warning
One Capital Hospitality (OCH) has reported a significant improvement in its business performance for Q3 2025. Consolidated net profit after corporate income tax reached VND 181.7 bn in Q3 2025, with an accumulated nine-month net profit of VND 115.3 bn, surpassing the 2025 profit target by 2.4 times.
Consolidated net revenue from sales and services for Q3 2025 was VND 663.2 bn, an increase of VND 86.3 bn or 15% year-on-year. Gross profit from sales and services also rose by VND 51.6 bn, a 15% increase from the prior year, reflecting effective strategic expansion and diversification, alongside a recovery in hotel operations and stable international tourist demand.
The Hanoi Stock Exchange issued Decision No. 296/QD-SGDHN on April 2, 2025, effective April 10, 2025, maintaining OCH's stock on a warning status due to negative retained earnings after corporate income tax in its audited consolidated financial statements for the fiscal year ended December 31, 2024.
OCH's board of directors and executive board are focused on developing strategic business areas and utilizing core business profits to offset accumulated losses. Key initiatives include substantial investments in the FMCG segment through the establishment of One Capital Consumer Joint Stock Company (OCC) in January 2025, and expanding its hotel and real estate portfolio with high-potential projects such as the Melia Ha Long Bay Project and MGallery Ninh Van Bay Project. These efforts are expected to generate strong profitability and support long-term growth objectives for One Capital Hospitality.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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