Newly Released Q4/2025 Financial Reports from Leading Businesses
In the banking sector, KienLongBank (KLB) reported a 124% surge in Q4 profits, reaching 786 billion VND. For the full year, the bank surpassed 2.323 trillion VND, a 109% increase compared to 2024.
Mekong Fisheries (AAM) announced Q4/2025 results with a pre-tax loss of 483 million VND, an improvement from the 1.5 billion VND loss in Q4/2024. Full-year 2025 pre-tax profit reached 3.7 billion VND, a significant turnaround from the 6 billion VND loss in 2024.
VIX Securities (VIX) achieved a remarkable Q4/2025 pre-tax profit of 1.601 trillion VND, nearly 12 times higher than the 134 billion VND in Q4/2024 (1,098% growth). Full-year 2025 profit reached 6.717 trillion VND, a 724% increase year-over-year.
TCBS Securities (TCX) recorded a Q4/2025 pre-tax profit of 2.041 trillion VND, up 119% from Q4/2024. Full-year 2025 profit reached 7.109 trillion VND, a 48% increase.
Similarly, MBS Securities (MBS) reported a strong Q4 with a pre-tax profit of 385 billion VND, up 86% from Q4/2024. Full-year 2025 profit reached 1.415 trillion VND, a 52% growth.
In the pharmaceutical sector, Agimexpharm (AGP) posted a Q4 profit of 20 billion VND, up 11% year-over-year. Full-year pre-tax profit reached 66 billion VND, a 9% increase.
In energy, Nước Trong Hydropower (NTH) reported a Q4 profit of 20 billion VND, up 15% from Q4/2024. Full-year 2025 profit reached 73 billion VND, a 34% growth.
In contrast, Giải Phóng Automobile (GGG) continues to struggle despite strong revenue growth. Q4/2025 saw a loss of 4 billion VND (compared to a 5 billion VND loss in Q4/2024). Full-year 2025 pre-tax loss reached 15 billion VND, marking the 15th consecutive year of losses.
Previously, several companies and banks had estimated their 2025 performance.
Nam Á Bank (Nam A Bank) estimated a 2025 pre-tax profit of 5.254 trillion VND, a 15.6% increase from 2024.
An Bình Bank (ABBank) reported a 2025 pre-tax profit of 3.522 trillion VND, 4.7 times higher than 2024 and nearly 200% of the annual plan.
Sacombank announced a 2025 consolidated pre-tax profit of 7.628 trillion VND, 52% of the target set by the shareholders’ meeting. This result was primarily due to a significant increase in credit risk provisions, totaling over 11.3 trillion VND for the year.
At the 2025 Party Committee and Business Conference, Vietcombank leaders stated that 2025 pre-tax profit increased by over 7% compared to 2024, as approved by the State Bank. With a 2024 consolidated pre-tax profit of over 42.2 trillion VND, Vietcombank’s 2025 profit is estimated to exceed 45 trillion VND, a historic high.
Bình Sơn Refinery (BSR) estimated a revenue of 142.298 trillion VND and a pre-tax profit of 4.541 trillion VND, exceeding the annual plan by 2% and 262%, respectively.
PV GAS (GAS) reported an estimated revenue of 134 trillion VND, up 27% from 2024, and a pre-tax profit of 14.5 trillion VND.
PV Drilling (PVD) expects a revenue of approximately 10.5 trillion VND, up 10% year-over-year. Pre-tax and after-tax profits are estimated at 1.1 trillion VND and 830 billion VND, respectively, growing by 17% and 19%.
PV Power (POW) estimated a consolidated revenue of over 35 trillion VND, up 10% year-over-year. Pre-tax profit is expected to exceed 2.5 trillion VND, a more than 80% increase.
Petrosetco (PET) reported an estimated consolidated revenue of 20.6 trillion VND, 101% of the annual plan and up 8% from 2024. Pre-tax profit reached 402 billion VND, 132% of the plan and up 42% year-over-year; after-tax profit reached 322 billion VND, 32% above the target.
In the textile industry, Vinatex (VGT) CEO Cao Hữu Hiếu stated that 2025 consolidated revenue is estimated at 18.89 trillion VND, 103% of the plan, and consolidated profit at 1.355 trillion VND (second-highest in history after 2021), 149% of the plan.
TNG Investment and Trading (TNG) estimated a 2025 revenue of 8.696 trillion VND, up 14% year-over-year, setting a new record.
In fisheries, Sao Ta Food (FMC) estimated a consolidated revenue of 300.53 million USD, up 19.8% year-over-year, with profit expected to meet the 420 billion VND target (specific figures not disclosed).
In real estate, Taseco Land (TAL) estimated a 2025 revenue of 3.824 trillion VND (2.3 times higher than 2024) and an after-tax profit of over 615 billion VND, exceeding the plan by 15%.
Vietnam Rubber Group (GVR) reported an estimated consolidated revenue of 32.007 trillion VND, 3% above the plan and up 11.4% year-over-year. Consolidated pre-tax profit reached 6.929 trillion VND, 118.6% of the plan and up 23.6% from 2024. Estimated tax contributions reached 4.35 trillion VND, 3.1% above the plan.
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