Vietnam Aviation Corporation – Joint Stock Company (code: ACV) has just announced its consolidated financial statements for Q2 2025 with net revenue of over VND 6,300 billion, up 18% over the same period in 2024.
However, pre-tax profit decreased by 19.67% to VND 3,212 billion. Net profit reached VND 2,603 billion, down 19.37% over Q2 2024.
For the first six months of 2025, net revenue reached VND 12,698 billion, up 13.6% over the same period last year. Six-month net profit reached VND 5,724 billion, down 6.9% over the same period.
ACV stated that the Q2 2025 net revenue increase was mainly due to growth in cargo volume and an increase in the accounting exchange rate compared to the previous year.
The cost of goods sold increased mainly due to higher depreciation and operating expenses associated with the operation of Terminal 3 at Tan Son Nhat International Airport.
Financial income decreased compared to the previous year mainly due to lower interest income from term deposits and no exchange rate gains at the end of the period.
Financial expenses increased compared to the previous year mainly due to exchange rate losses at the end of the period.
Selling and administrative expenses decreased compared to 2024 mainly due to the reversal of allowance for doubtful accounts.
As of June 30, 2025, ACV’s total construction in progress amounted to VND 21,982 billion, accounting for 26.55% of total assets. Of this, the cost of constructing Long Thanh International Airport (Phase 1) was VND 18,746 billion, up 47.07% from the beginning of the year.
As of the market close on July 31, ACV shares were trading at VND 100,800 per share.
Profitable Venture: Producer’s Triumph as Hit Show “Brother Overcomes Adversity” Triples Profits
As of the first half of 2025, Yeah1 has achieved remarkable financial growth with a staggering net revenue of over VND 673.5 billion, reflecting a 2.4x surge compared to the same period in 2024. Impressively, their net profit after corporate income tax reached nearly VND 56.6 billion, marking a 2.6x increase year-over-year.
“Profits Soar for Phat Dat in H1: Q1 Tower Project Transfer Details Emerge”
“Thanks to its financial revenue, Phat Dat Real Estate Development Corporation (HOSE: PDR) witnessed growth in net profit for both the second quarter and the first half of 2025.”
How Much Has the CEO Invested in the Sonasea Van Don Harbour City Project?
With a significant boost in gross margins, CTCP Group C.E.O Joint Stock Company (HNX: CEO) witnessed a remarkable surge in its Q2 and H1 2025 net profits, rising by 37% and 24% year-over-year, respectively.
“Repayments Begin: The Saga of Quốc Cường Gia Lai and Sunny Island”
In Q2 2025, Quoc Cuong Gia Lai began refunding Sunny Island to reclaim the Phuoc Kien project. Conversely, QCG borrowed an additional VND 240 billion from two major corporations.
“Retail Giant Fined for Breaching Information Disclosure Regulations”
The UBCKNN has issued a fine of 92.5 million VND to Tong Bach Hoa for failing to disclose information as required by regulations.
