In Q3 2025, Phat Dat (PDR) reported a revenue of VND 506.5 billion, significantly up from last year, driven by transfers from the Quy Nhon Iconic and Ky Dong projects, with an after-tax profit of VND 85.8 billion, an increase of 68%. Cumulatively, in the first 9 months, the company achieved VND 964.4 billion in revenue and VND 201.3 billion in profit, marking increases of over 450% and 31% compared to the previous year. The gross profit margin reached 49%, indicating operational efficiency. Cash flow from operations was positive at VND 90.8 billion, enhancing liquidity and reducing borrowing pressures. By September, liabilities decreased by 4.8%, while equity increased by 8%, reflecting improved financial structure. Phat Dat has also restructured its investment portfolio, focusing on projects with rapid cash flow generation potential. The company plans to accelerate project progress and strengthen cash flow in Q4 2025.
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