Company Reports Soaring Profit of 280%, Stock Surges to 3-Year High

Vicem Ha Tien Cement Joint Stock Company (HT1) recently announced its third-quarter financial report for 2025 with impressive results: revenue increased nearly 14% to 1,867 billion VND, and net profit surged nearly 280% to nearly 86 billion VND. The main reasons include an 18% increase in cement consumption and effective cost control. Financial revenue also rose by 124% to nearly 8 billion VND. For the first nine months of the year, the company reported net revenue of 5,384 billion VND, a 7% increase compared to the same period last year, while net profit skyrocketed fourfold to nearly 189 billion VND. Although the company aimed for a net profit of 184 billion VND for 2025, it has already surpassed that target. Following this positive profit news, HT1’s stock surged to 20,100 VND per share, marking its highest level in 3.5 years.