CTCP Ô tô TMT just announced its financial report for Q4 2025, with revenue falling by 25% year-on-year to 485 billion VND due to delayed deliveries. However, through effective cost control, net profit reached 6.3 billion VND, up by 116 billion VND from Q4 2024. TMT is also expanding into the electric vehicle sector, targeting revenue of 3.6 trillion VND in 2026, with plans to produce and sell 20,000 motorbikes and 2,200 electric cars. TMT aims to install 2,100 charging stations in 2026. By the end of 2025, total assets hovered around 1.5 trillion VND, while short-term debt increased to 409 billion VND. The company is borrowing long-term from various individuals at an interest rate of 8.5% per annum and has allocated 25 billion VND for marketing, a first in its history.
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