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SMC Extends Loss Streak, Slashes Production, and Plans to Sell Multiple Plants
The challenges faced by SMC Investment and Trading Joint Stock Company (HOSE: SMC) persist, with no clear end in sight.
Trung An Breaks Five-Quarter Loss Streak, Yet Borrowing Costs Remain a Tight Squeeze
With a nearly 50% reduction in financial costs, Trung An High-Tech Agriculture Joint Stock Company (UPCoM: TAR) reported a positive turnaround in Q3 net profit after a prolonged period of losses. However, its outstanding debt of over VND 1,200 billion remains a significant constraint on the profitability of this leading rice exporter in the Western region.
SIP Profits Surge Past $1 Billion in 9 Months, Exceeding Annual Targets
In Q3/2025, Saigon VRG Investment Corporation (HOSE: SIP) reported net revenue of nearly VND 2,234 billion and a net profit of approximately VND 366 billion, marking a 13% and 21% year-on-year increase, respectively.
