Vinaconex (VCG) recently announced its Q3/2025 financial results, posting a net revenue of VND 4.429 trillion, up 65% year-on-year. Gross profit increased by 56% to VND 611 billion. Notably, financial revenue surged dramatically to VND 3.186 trillion, 78 times higher than the previous year, mainly due to the sale of subsidiaries. Net profit reached VND 3.304 trillion, up over 2,000% compared to Q3/2024, with parent company profit increasing 41 times, as VCG sold a 51% stake in Vinaconex Tourism Investment and Development JSC (VCR). In the first nine months of 2025, cumulative revenue reached VND 11.413 trillion, a 40% increase, with net profit hitting VND 3.783 trillion, five times the 2024 figure. Total assets decreased slightly by 1% to VND 29.021 trillion, with total debt down 9% to VND 16.753 trillion. VCG shares have risen nearly 63% since the beginning of the year, trading at VND 26,350/share.
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