Steel Company Surpasses 58% Profit Target in First Nine Months

Thuduc Steel JSC - VNSTEEL (UPCoM: TDS) has announced robust Q3 2025 financial results, driven by strengthened core operations and additional profit streams.

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According to the Q3 financial report, TDS recorded a net revenue of nearly VND 663 billion, a robust 72% increase year-over-year. Net profit reached VND 1.6 billion, compared to a loss of VND 6.6 billion in the same period last year.

This impressive performance stems from a 142% surge in sales volume, an improved profit margin of 2%, and a VND 3.6 billion reduction in land rental fees.

TDS Q3/2025 Business Results

Unit: Billion VND

For the first nine months of the year, the company achieved a cumulative net revenue of VND 1,612 billion, up over 50% year-over-year. Net profit stood at VND 6.3 billion, compared to a loss of VND 9.63 billion in the same period last year.

With these results, TDS has surpassed 58% of its 2025 post-tax profit target.

Vũ Hạo

– 2:04 PM, October 17, 2025

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