The first two businesses to report losses in the third quarter and have negative capital were revealed.

(Dan Tri) - Viglacera Dong Trieu and Giai Phong Auto reported losses in the third quarter. One side said it was due to the impact of the Ghost Month and storms; the other side said it was due to the pressure of high interest rates on loans.

Currently, the market has more businesses announcing estimated business results for the third quarter of 2025. Some units reported losses.

Specifically, Viglacera Dong Trieu Joint Stock Company (stock code: DTC) recorded net revenue in the third quarter of this year reaching VND30.3 billion. After deducting expenses, the company had a loss after tax of VND6.28 billion.

As of September 30, the company recorded an accumulated loss of more than VND106.4 billion, negative equity of VND5.4 billion, also the first quarter that Viglacera Dong Trieu had negative equity after 13 consecutive quarters of losses.

Explaining the reason for the loss, the company said that the construction materials market in the third quarter continued to be difficult due to the Ngau month, causing many civil works to be temporarily suspended.

In addition, storms in September affected the delivery schedule and product consumption. Prices of raw materials and input fuels such as coal, oil, and electricity remained high while product selling prices were not adjusted accordingly, leading to continued negative gross profit.

Most recently, Giai Phong Auto Joint Stock Company (stock code: GGG) reported a pre-tax loss of nearly VND2 billion in the third quarter of 2025. In the first 9 months, the company reported a loss of VND11 billion.

In recent years, Giai Phong Auto has been continuously losing money. Explaining the reason for the loss, the company said that due to lack of operating capital and inability to borrow from banks, the company had to borrow from other sources with very high interest rates. In addition, some inventory vehicles had to be sold at a loss to recover capital, which also contributed to the increase in losses.

As of September 30, this company had an accumulated loss of nearly 357 billion VND and negative equity of 62 billion VND.

In the third quarter of 2025 financial reporting season, two companies have reported losses. (Photo: DT).

On the contrary, most other businesses reported large profits.

For example, Sunshine Group Joint Stock Company (stock code: KSF) recorded quarterly net revenue of more than VND 4,233 billion, nearly 26 times higher than the same period, pre-tax profit reached nearly VND 1,921 billion, nearly 49 times higher.

SmartInvest Securities also just announced that its third quarter operating revenue reached VND230 billion, up 143% over the same period and pre-tax profit reached VND140 billion, up 600% over the same period. Accumulated profit for 9 months was VND201 billion, up 121%.

Ca Mau Petroleum Fertilizer Joint Stock Company (commonly known as Ca Mau Fertilizer, stock code: DCM) also earned pre-tax profit of VND344 billion, 3 times higher than the same period. In the first 9 months, this enterprise is estimated to have reached VND13,250 billion in revenue, up 40% over the same period. Pre-tax profit reached VND1,700 billion, up 50% over the same period.

Or Ba Ria - Vung Tau Housing Development Joint Stock Company (Hodeco, stock code: HDC) said that its pre-tax profit in the third quarter is estimated at VND666 billion, 35 times higher than the same period last year. This year, the company expects to achieve VND755 billion in pre-tax profit, an increase of more than 8 times compared to 2024. The strong growth is mainly due to the transfer of shares of the Dai Duong Tourist Area project in Rach Dua ward, Vung Tau city.

At a recent meeting, a representative of the Construction Development Investment Joint Stock Corporation (DIC Group, stock code: DIG) reported that revenue and other income for the first 9 months reached VND1,900 billion, pre-tax profit was VND210 billion, an increase of nearly 5 times over the same period.

In the livestock industry, Dabaco Vietnam Group (stock code: DBC) said its third quarter profit was estimated at around VND300 billion. After 9 months, Dabaco achieved VND1,300 billion in profit, 2.5 times higher than the same period last year and 30% higher than the yearly plan.

In the third quarter of this year, the group of analysts is very optimistic about the overall picture. Many securities companies expect that the total market profit in the quarter could increase by 25% compared to the same period, supported by low interest rates, strong public investment disbursement and business support policies.

Source: https://dantri.com.vn/kinh-doanh/lo-dien-2-doanh-nghiep-dau-tien-bao-lo-trong-quy-iii-da-am-von-20251005152028053.htm