CTCP Investment Nam Long (NLG) has just released its consolidated financial report for Q4 2025, showing a significant decrease in business results. Revenue decreased 73% year-on-year to VND 1,704 billion, leading to a 62% drop in net profit to VND 504.8 billion, primarily due to reduced revenue from the key Akari project. For the entire fiscal year 2025, NLG reported a revenue of VND 5,645 billion, down 22%, and a 32% decrease in net profit to VND 1,387 billion. The company saw a 51.8% reduction in inventory, down to VND 8,677 billion, largely due to significant reductions at projects like Izumi and Can Tho. Meanwhile, total assets and total liabilities also decreased. NLG shares have continuously dropped in price since mid-August 2025, with the current market capitalization at VND 13,801 billion. The company is also on the government’s inspection plan for 2026, focusing on investment activity and capital management.
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