Binh Minh Plastics (BMP) Reports Highest Profit Since Thai Ownership, Nearly 70% of Total Assets Are Cash

Binh Minh Plastics Joint Stock Company has announced its consolidated financial report for Q3 2025 with impressive results. Net revenue reached 1,532 billion VND, up 9% year-on-year. Gross profit also increased by 21% to 734 billion VND, with the gross profit margin improving from 43.09% to 47.91%. Net profit after tax was nearly 351 billion VND, the highest since becoming a subsidiary of Nawaplastic Industries in 2018. Cumulative revenue for the first 9 months of the year reached 4,224 billion VND, a 19% increase, while net profit after tax was 967 billion VND, up 27%. As of September 30, 2025, total assets were 3,971 billion VND, with cash and bank deposits accounting for 69%, nearly 2,733 billion VND. Total liabilities at the end of Q3 were 823 billion VND, mainly short-term debt.

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