The latest financial reports for Q4 2024 were released on February 4, 2025, by several notable Vietnamese companies, providing insights into their performance and financial health.
Bao Viet Holdings (BVH): The group reported a 47% increase in profit, reaching VND 657 billion in Q4 2024. For the full year 2024, their pre-tax profit rose by 21% to VND 2,620 billion.
Cen Land (CRE): The company’s pre-tax profit for Q4 2024 was nearly VND 15 billion, a remarkable sevenfold increase compared to the same period last year.
ABBANK (ABB): The bank’s pre-tax profit for Q4 2024 increased by 58% year-on-year to VND 809 billion. As of December 31, 2024, ABBANK’s total assets reached VND 176,628 billion, a 9% increase from 2023.
TMT Motors (TMT): TMT Motors’ Q4 2024 financial report showed flat revenue of VND 649.2 billion compared to the previous year. However, the company reported a post-tax loss of VND 120.8 billion, in contrast to a profit of VND 26.6 billion in Q4 2023, marking their third consecutive quarterly loss.
NSH Petro (PSH): The company incurred a significant loss of over VND 233 billion in Q4 2024, with a full-year 2024 loss of VND 790 billion.
HAGL Agrico (HNG): HNG’s Q4 2024 financial report showed an 11% increase in revenue to VND 204 billion, mainly from rubber and fruit sales. However, the company reported a net loss of nearly VND 731 billion in Q4 2024, compared to a loss of over VND 652 billion in Q4 2023.
Thuduc House (TDH), Danh Khoi (NRC), First Real (FIR), and Vinahud (VHD): These real estate companies reported significant losses in Q4 2024.
DRH Holdings (DRH): DRH’s Q4 2024 financial report showed a sharp decline in revenue to just over VND 500 million, half of the previous year’s figure. High financial expenses and losses from investment and securities transactions led to a post-tax loss of nearly VND 118 billion in Q4 2024, compared to a loss of VND 38 billion in the same period last year.
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