How did real estate companies do in the third quarter?

(NLDO) - Listed companies on the stock exchange are entering the season of announcing financial reports for the third quarter of 2025, with initial results quite positive.

Many businesses recorded strong growth compared to the same period last year, creating a positive signal for the stock market in the final period of the year.

Infrastructure Development Joint Stock Company (Becamex IJC) is one of the first units to announce its financial report. The company reported that its net revenue in the third quarter increased 3.5 times compared to the same period last year, while pre-tax profit reached VND299 billion, an increase of more than 3 times.

In the first 9 months of the year, the company recorded VND464 billion in pre-tax profit, up 93% over the same period in 2024. Thanks to positive business results, Becamex IJC's IJC stock price increased from about VND10,000 to VND13,400/share last weekend.

Ba Ria - Vung Tau Housing Development Joint Stock Company also announced impressive preliminary results for the third quarter of 2025 with pre-tax profit estimated at VND666 billion, 35 times higher than the same period last year.

For the whole year, the company expects to achieve VND755 billion in pre-tax profit, an increase of nearly 10 times compared to 2024. This result mainly comes from the transfer of shares in the Dai Duong Tourist Area project. The company's HDC stock price also increased slightly to VND36,850/share, reflecting investors' expectations.

In the group of public investment enterprises, Deo Ca Transport Infrastructure Investment Joint Stock Company forecasts third quarter revenue to reach over VND908 billion and after-tax profit to be VND146 billion, up 14% and 19% respectively over the same period last year.

Accumulated for the first 9 months, the company's revenue is estimated at 2,590 billion VND, after-tax profit is 471 billion VND, up 13% and 28% respectively, completing 85% of the yearly plan. The company's stock price has increased by nearly 30% in the past three months, currently trading around 16,000 VND/share.

Another bright spot comes from the Construction Development Investment Corporation (DIC Corp). DIC Corp's revenue and other income in the third quarter is estimated at VND1,896 billion, double the same period last year, while pre-tax profit reached VND209.3 billion, up nearly 400%. After-tax profit is estimated at VND171.1 billion, a strong reversal compared to the loss of nearly VND6 billion in the same period last year.

DIC Corp's DIG stock price increased by 600 VND last weekend, to 21,400 VND/share.

Regarding investment, DIC Corp said it has set aside VND6,600-6,900 billion for project development activities this year, but has only disbursed about 22% of the plan. Company leaders affirmed that progress will be accelerated in the fourth quarter, when many legal documents are approved.

In addition, in mid-September, the company transferred the Lam Ha Center Point Residential Area project, recording revenue of more than VND 1,300 billion.

According to experts, the third and fourth quarters are the periods when real estate businesses often record the highest revenue and profit of the year, thanks to projects opening for sale and handing over products from the beginning of the year.

A representative of a securities company said that positive third-quarter business results will strengthen investors' optimism, helping cash flow continue to return to stocks with good fundamentals, thereby supporting a stable growth momentum for the Vietnamese stock market in the final months of the year.

Source: https://nld.com.vn/cac-cong-ty-bat-dong-san-lam-an-ra-sao-trong-quy-iii-vua-qua-196251012130807052.htm