The Tan Lap quarry in Binh Phuoc province contributed nearly VND 94 billion, accounting for approximately 94% of NNC’s total net revenue in Q3. The remaining VND 6 billion came from the Nui Nho quarry.
Not only did net revenue increase, but NNC’s financial revenue also surged to nearly VND 8 billion, a fivefold increase compared to the same period last year, entirely from deposit interest.
NNC’s expenses generally rose during this period, with a 31% increase in management costs and an additional VND 352 million in financial expenses. Conversely, selling expenses decreased significantly by 47% due to reduced outsourcing services.
As a result, NNC reported an after-tax profit of nearly VND 43 billion in Q3/2025, 2.6 times higher than the same period last year, marking the most profitable quarter since Q4/2018.
In the first nine months, NNC’s after-tax profit reached VND 94 billion, 2.2 times higher than the same period last year. Compared to the pre-tax profit target of VND 55 billion set for 2025, NNC’s nine-month result has exceeded the target by 111%.
|
NNC’s 9-month business results in 2025. Unit: Billion VND
Source: VietstockFinance
|
As of September 30, 2025, NNC’s total assets reached over VND 612 billion, a 26% increase from the beginning of the year. Cash holdings and short-term receivables increased by 50% and nearly threefold, respectively, to nearly VND 283 billion and over VND 62 billion.
Liabilities also rose by 97% to nearly VND 128 billion, primarily due to a medium-term loan of nearly VND 26 billion from VietinBank (CTG) for investing in a 750-ton/hour stone crushing production line. In contrast, short-term provisions decreased from nearly VND 20 billion to over VND 3 billion, as no mining rights provisions were recorded for the Nui Nho quarry.
– 09:52 22/10/2025
Safoco Vegetable Noodle Brand Reports Q3 Net Profit of VND 13 Billion
Despite a decline in net revenue, CTCP Lương thực Thực phẩm Safoco (HNX: SAF) maintained its profitability in Q3/2025, demonstrating resilience in a challenging market.
Hương Sơn Hydropower Profits Surge 32% Amid Favorable Weather and New Electricity Rates
Huong Son Hydro Power Joint Stock Company (UPCoM: GSM) has released its Q3/2025 financial report, revealing a 32% year-over-year increase in after-tax profit. This impressive growth is primarily attributed to higher water levels in the reservoir and the implementation of a new electricity pricing mechanism.
Bầu Đức Celebrates: Hoàng Anh Gia Lai (HAG) Reports 25% Surge in Q3 Net Profit Despite 80% Revenue Plunge in Pig Farming Sector
In the first nine months of the year, cumulative net revenue surpassed 5.6 trillion VND, marking a 34% increase compared to the same period in 2024. Post-tax profit recorded an impressive 1.312 trillion VND, reflecting a robust 54% growth year-over-year.
West Bus Station’s Short-Term Holdings Approximate 323 Billion VND
Despite soaring cost of goods sold and administrative expenses, Western Bus Station Joint Stock Company (HNX: WCS) maintained a 7% year-over-year growth in after-tax profit for Q3 2025.
Bình Minh Plastics (BMP) Reports Record Profits Under Thai Ownership, with Nearly 70% of Total Assets in Cash
In the first nine months of 2025, Binh Minh Plastic reported a net revenue of VND 4,224 billion, marking a 19% increase compared to the same period in 2024. The company’s after-tax profit reached VND 967 billion, reflecting a notable 27% growth year-on-year.
