Airport service provider AST reported a remarkable Q3 2025 revenue of nearly VND 460 billion from its airport services, including lounges, duty-free shops, and restaurants, marking a 39% year-over-year increase.
This segment boasts an exceptionally high profit margin, which improved from 61.2% to 64.2% in Q3 2025.
Consequently, AST’s net profit surged by nearly 78% year-over-year, reaching over VND 69 billion.
AST’s Q3 2025 Financial Highlights
Unit: Billion VND
 Source: VietstockFinance
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These impressive results reflect the aviation industry’s post-pandemic recovery, driven by a significant increase in international visitors to Vietnam. In the first nine months of the year, Vietnam welcomed 15.4 million foreign tourists, a 21.5% increase, with China, South Korea, and the United States as the top source markets.
On the stock market, AST shares defied the downward trend, surging over 5% before settling at a nearly 3% gain, closing at VND 75,200 per share on October 30th, despite the VN-Index’s 16-point decline.
For the first nine months of 2025, AST recorded VND 1,236 billion in revenue and VND 186 billion in net profit, representing 26% and 75% year-over-year growth, respectively. These results translate to 77% of the annual revenue target and 93% of the pre-tax profit goal for 2025.
– 15:28 30/10/2025
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