Nam Viet Joint Stock Company – Navico (ANV) has released its Q3 2025 Consolidated Financial Report, revealing a net revenue of over 2,000 billion VND, marking a 49% increase compared to the same period in 2024.
The company’s gross profit reached 487 billion VND, a remarkable 282% surge year-over-year. The gross profit margin nearly doubled, rising from 12.87% in Q3 2024 to 24.37% in Q3 2025.
Pre-tax profit for Q3 hit 343 billion VND, growing over ninefold (826%) compared to the previous year. Net profit after tax reached 283 billion VND, a tenfold increase year-over-year.
For the first nine months of the year, Navico’s cumulative net revenue reached 4,833 billion VND, a 36% increase year-over-year. Net profit after tax totaled nearly 748 billion VND, nearly 18 times higher than the same period last year.
Navico attributed the significant profit growth to a favorable market economy, which boosted its production and business operations.
Founded in 2000, Navico is one of Vietnam’s largest and most reputable producers and exporters of pangasius and tilapia. It is also the world’s second-largest pangasius producer and exporter.
As of September 30, 2025, the company’s total assets reached 5,633 billion VND, a 16% increase. Liabilities stood at 2,092 billion VND, with total financial debt at 1,543 billion VND.
On October 17, 2025, ANV shares closed at 31,950 VND per share, up 4%. Since the beginning of 2025, the stock has surged by approximately 61% in value.
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