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VFG Q3 Profits Plummet 67%, Debt-Free but Cash Flow Shrinks
Vietnam Sterilization JSC (HOSE: VFG) reported a 67% plunge in Q3 net profit, hitting a two-year low. The decline stems from the absence of one-off financial income and shrinking gross margins. While the company remains debt-free, cash flow and inventory levels are emerging as significant concerns.
PDV Stock Set to List on HOSE as Q3 Profits Plummet
Ahead of its listing on HOSE, PVT Logistics (UPCoM: PDV) reported a sharp decline in Q3 profits, attributed to surging borrowing costs and depreciation expenses. The company cited the absence of last year’s one-time revenue as the primary reason, rather than operational inefficiencies.
SJS’s Q3 Profits Plummet by 94%
"Zero revenue from real estate transfers left SJS with a meager net profit of nearly 3 billion VND in Q3, a staggering 94% decline year-over-year and the lowest in 12 quarters (since Q4/2022)."
