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SIP Posts Highest Q1 Profit in 4 Years, Almost 50% of Annual Target

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Saigon VRG Joint Stock Company (HOSE: SIP) has announced its Q1 2025 financial results, reporting a net profit of over VND 351 billion, a remarkable 43% increase from the same period last year and the highest since Q1 2021. This impressive performance marks a strong start to the year, with the company already nearing 50% of its annual profit plan.

The Dark Horse of Real Estate: Novaland’s Unexpected Loss in the First Quarter

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According to its Q1 2025 consolidated financial statements, Novaland Group (Novaland, HOSE: NVL) recorded a consolidated revenue of over VND 1,778 billion, 2.5 times higher than the same period last year.

“REE Earns Net Profit of Over VND 600 Billion in Q1, with Significant Growth...

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In Q1 2025, REE Corporation (HOSE: REE) reported impressive profit growth, largely attributed to a significant improvement in its power business compared to the same period last year.