The company has a new charter capital of 100 billion, TMT's capital contribution ratio is 98%, equivalent to a capital contribution value of 98 billion. The capital contribution completion date is August 2025. The main business line is electric vehicle charging station business.
It is known that at the 2025 General Meeting of Shareholders, TMT Auto announced its plan from now until 2030, the Company will invest by itself and form joint ventures with domestic and foreign partners with advanced charging station manufacturing technology to invest in at least 30,000 charging stations (equivalent to 60,000 charging guns) according to European standards (CCS2) and other standards according to the actual objective requirements of the market, with a capacity of 7KW or more to serve well all the needs of the people and invest in equipment according to the requirements of each taxi company and the number of charging stations corresponding to the number of vehicles invested so that drivers can feel secure using electric vehicles as conveniently as fossil fuel vehicles.
At the end of the first quarter of 2025, TMT recorded a 31% increase in net revenue to VND 675.68 billion; profit after tax increased by 12,459% to VND 33.76 billion.
However, undistributed profit after tax last year - 269.98 billion; Undistributed profit after tax in the first quarter of 2025 reached 33.77 billion; Accumulated undistributed profit after tax - 236.21 billion VND.
TMT said that in the first quarter of 2025, the company recorded a positive after-tax profit of VND 33.77 billion, contributing to reducing the accumulated loss to VND 236.21 billion, equivalent to a decrease of about 12.5% compared to the end of 2024. This is a positive initial result from the comprehensive restructuring process implemented in 2024.
At the end of the first quarter of 2025, TMT recorded a 31% increase in net revenue to VND 675.68 billion; profit after tax increased to VND 33.76 billion.
However, undistributed profit after tax last year - 269.98 billion; Undistributed profit after tax in the first quarter of 2025 reached 33.77 billion VND; Accumulated undistributed profit after tax was 236.21 billion VND.
In 2025, TMT Auto plans to have revenue of VND 3,838.7 billion, an increase of 65% over the same period, with an expected profit after tax of VND 269.98 billion compared to a loss of VND 325.36 billion in the same period. Of which, electric vehicle sales are expected to increase by 310% to 3,404 vehicles (830 vehicles were recorded in 2024); light and medium trucks will increase by 98% to 3,456 vehicles; and heavy trucks will increase by 96% to 1,215 vehicles.
Thus, ending the first quarter of 2025 with after-tax profit reaching 33.76 billion VND, TMT Auto has only completed 12.5% of the yearly plan.
Source: https://baovanhoa.vn/kinh-te/tmt-gop-von-thanh-lap-cong-ty-kinh-doanh-tram-sac-xe-dien-139749.html
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