Tien Phong Plastic Reports 50% Profit Surge in Q3/2025, 9-Month EPS Hits VND 4,619

The surge in sales revenue, coupled with a decrease in raw material costs, has driven a notable improvement in gross profit margin, rising to 31% compared to 28.5% in the same period last year.

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Tien Phong Plastic Joint Stock Company (stock code: NTP) has released its consolidated Q3/2025 financial report, revealing a net revenue of VND 1,610 billion—a 34% increase compared to the same period last year—and a post-tax profit of VND 258 billion, up by 50%. Although the Q3/2025 profit is slightly lower than Q2/2025, it remains the second-highest in the company’s history.

Tien Phong Plastic attributes this growth to increased sales revenue and reduced raw material costs, as evidenced by a gross profit margin of 31%, up from 28.5% in the previous year. Additionally, the company enhanced financial profits through effective management of cash and cash equivalents.

In the first nine months of the year, Tien Phong Plastic achieved a cumulative net revenue of VND 4,869 billion—a 27% increase—and a post-tax profit of VND 790 billion, up by 52%. Earnings per share (EPS) reached VND 4,619.

As of September 30, 2025, Tien Phong Plastic’s total assets reached VND 6,920 billion—an 8% increase from the beginning of the year. Cash, cash equivalents, and savings deposits totaled nearly VND 2,900 billion, accounting for 42% of total assets.

On October 16, 2025, Tien Phong Plastic became the only Vietnamese construction plastics company to achieve the World Class category—the highest level—at the Asia-Pacific International Quality Award (GPEA 2025) held at the Beijing International Convention Center, China.

Mr. Chu Van Phuong, Board Member and CEO of Tien Phong Plastic Joint Stock Company, receives the Asia-Pacific International Quality Award (GPEA 2025) at the World Class level.

Over the 25-year history of this award, Tien Phong Plastic is one of only two Vietnamese companies to receive it twice, in addition to winning the National Quality Award seven times, including three Gold Awards.

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