Saigon General Services Joint Stock Company (Savico, stock code SVC) has responded regarding its stock price rising for 5 consecutive sessions from October 16 to October 22, 2025. Savico stated that the increase is solely based on market supply and demand, beyond the company’s control. The company emphasized that it made no attempts to influence stock transactions and adheres to legal regulations. The financial results for Q3 2025 were also considered a driving factor for investors, with a revenue of 8,217 billion VND, up 21.3% YoY, and a net profit of 344.5 billion VND, 13.6 times higher than the same period in 2024. As of September 30, 2025, total assets recorded nearly 12,067 billion VND, a 34.6% increase from the beginning of the year. However, total liabilities also increased by 37.4%, reaching 9,055 billion VND.
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