DIC Corp (stock code: DIG) has released its financial report for Q2 2025, showing a significant drop in revenue, with total revenue reaching 274.3 billion VND, down 66.6% year-on-year. Gross profit was nearly 106.9 billion VND, a decline of 47.5%. Revenue from construction activities decreased by 92.9%, to only 34.7 billion VND, while real estate revenue fell by 41.5% to 151.3 billion VND. Rising selling and management expenses contributed to a 58.3% decrease in net profit, now at 52.2 billion VND. For the first half of 2025, total revenue was 427.1 billion VND, down 48% compared to the first half of 2024. However, net profit for this period increased by 70.5%. In 2025, DIC Corp aims for a pre-tax profit of 718 billion VND, but has only achieved 2.2% of this target. As of June 30, 2025, inventory represented 48.4% of total assets, approximately 9.18 trillion VND, with significant amounts tied to various real estate projects. Total liabilities reached over 10.92 trillion VND, an increase of 4% from the beginning of the year.
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