Profits exceed expectations, many listed companies "finish" ahead of schedule

Many real estate businesses "make warm profits"

The financial report of Dat Xanh Group Joint Stock Company (DXG) shows that the third quarter of 2025 continues to record positive profit growth. In this quarter, Dat Xanh Group's net revenue reached VND 1,068 billion, in addition, financial revenue increased sharply, 3 times higher than the same period last year, while interest expenses also decreased significantly. Thanks to that, the profit after tax in the third quarter of this year reached VND 163.5 billion. This profit increased by 123% compared to the same period last year. Dat Xanh Group said that this result mainly came from the positive shift in revenue structure with real estate brokerage revenue increasing sharply, increasing the company's gross profit margin and significantly improving business results.

According to statistics from a number of units, the growth rate of revenue and profit after tax in the market in the third quarter was quite positive. Some industries with strong growth rates include oil and gas, construction materials, real estate, financial services, insurance, retail, etc., bringing great momentum to the economy in the coming period.

In the first 9 months of 2025, Dat Xanh achieved VND 2,727 billion in net revenue and VND 511 billion in after-tax profit, an increase of 109% compared to the first 9 months of last year. Previously, this enterprise planned to have net revenue of up to VND 7,000 billion and after-tax profit of VND 368 billion, respectively increasing by 62% and 44% compared to the results of 2024. Although net revenue has not reached the target, in terms of profit, the 9-month result has exceeded the yearly target by 39%.

Besides Dat Xanh, some other real estate companies also announced positive results and quickly reached the finish line.

Saigon Thuong Tin Real Estate Joint Stock Company (TTC Land - code SCR) reported a 103% year-on-year increase in third-quarter profit, reaching VND11.5 billion. This result came from a sharp increase in net revenue in the third quarter, reaching VND431 billion, equivalent to a growth rate of 134%. For the entire nine months, TTC Land had a pre-tax profit of VND62.3 billion, exceeding the annual profit plan by 24%.

TTC Land said that the profit growth was mainly due to the strategy of expanding construction and brokerage activities, which is reflected in the revenue structure. The revenue from real estate services in the same period last year only accounted for about 24% of net revenue, but this period has become the activity that brings in the largest revenue in terms of value and proportion, accounting for 33%.

Or like Vietnam Construction and Import-Export Corporation (Vinaconex - code VCG) - a large corporation operating in the construction and real estate sector - announced a sudden profit of up to 3,304 billion VND in the third quarter. This quarter's profit alone far exceeded the profits of the previous 3 years combined, and accordingly, brought the 9-month profit to 3,782 billion VND, more than 3 times the yearly plan (1,200 billion VND).

This extraordinary profit comes from the group's divestment from its subsidiary. Last July and August, Vinaconex sold all 51% of its shares in Vinaconex Tourism Investment and Development JSC - the investor of the Cat Ba Amatina resort real estate project.

Make bigger plans for the future

Besides the real estate group, many large leading enterprises also recorded a bright business period.

Although PV GAS (code GAS) reported a lower profit in the third quarter than the previous quarter, the overall 9 months were still very positive. In the third quarter, PV GAS achieved a profit of 35,690 billion VND, an increase of 41% compared to last year, but this period, the high cost of goods sold caused the profit to be the same with a result of 2,612 billion VND.

Thanks to outstanding results in the second quarter, the 9-month profit of this gas giant increased by 19%, reaching 10,184 billion VND and exceeding 92% of the annual profit plan. Even the profit in this period was close to the profit level in the whole year of 2024 (10,590 billion VND). In fact, PV GAS has exceeded this target after half a year of business operations on the basis of this year's rather cautious target of 5,300 billion VND, which has been set to decrease by 50% compared to 2024.

PV GAS leaders shared that, on this basis, the corporation plans to set a strong growth plan in 2026 with a double-digit growth momentum. The period 2026 - 2030 is identified by PV GAS as a pivotal period in infrastructure investment, ensuring growth for the next period with an estimated total investment value of about 3.5 billion USD. PV GAS also strives to maintain an average revenue growth rate of 10%/year.

Also under PVN, Ca Mau Petroleum Fertilizer Joint Stock Company (code DCM) said that thanks to revenue growth stronger than the cost of goods sold, the company exceeded its annual plan in just 6 months. After the third business quarter, DCM's accumulated profit for the first 9 months increased and reached 1,527 billion VND, nearly double the 2025 target.

On the side of Dabaco Vietnam Group (code DBC), the third quarter continued to grow, bringing the profit for the 9-month period to VND 1,358 billion, an increase of 156% and exceeding the annual plan by about 35%. The Board of Directors of Dabaco continues to set the target of exploding in the fourth quarter of 2025.

In the market, many other large enterprises also announced positive results in the third quarter, closely following the yearly target.

Source: https://baodautu.vn/loi-nhuan-vuot-ky-vong-nhieu-doanh-nghiep-niem-yet-ve-dich-truoc-han-d428571.html