NCT Sets Dual Record in Q3, Net Profit Surges Over 50%

Noi Bai Cargo Services Corporation (HOSE: NCT) has delivered exciting news to its shareholders, reporting a remarkable surge in both revenue and profits for the third quarter.

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In Q3/2025, the company specializing in cargo handling services at Noi Bai International Airport recorded a net revenue of nearly VND 318 billion, a robust 33% increase compared to the same period last year and the highest in its operational history. Net profit also reached a record high of over VND 114 billion, up 51%.

NCT’s Q3 Business Results

Unit: Billion VND

These impressive results are primarily driven by the vibrant air cargo transportation market and significant financial segment profits. In Q3, NCT achieved financial revenue of VND 32 billion, a 64% increase, while financial expenses remained negligible.

For the first nine months of 2025, NCT reported a total net revenue of nearly VND 840 billion and post-tax profit of VND 264 billion, up 30.5% and 39.5% year-on-year, respectively.

According to the company’s explanation, in the first nine months, NCT recorded a 12.4% increase in volume and implemented a new pricing policy.

“Vietnam’s GDP growth in the first nine months of 2025 increased by 7.85% compared to the same period last year, fueling a strong recovery in the industry. Industrial production, imports, and exports all showed significant growth, and all airlines served by NCT experienced expansion. Consequently, both the overall cargo volume at Noi Bai International Airport and NCT’s specific cargo handling volume in the first nine months of 2025 grew substantially compared to 2024,” NCT stated.

Vu Hao

– 13:58 21/10/2025

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