keo bong da truc tiep Vietnam’s leading construction material maker Viglacera triples Q2 profit on industrial park leasing gains
Viglacera, Vietnam's leading construction material producer and industrial real estate developer, reported a 216% surge year-on-year keo bong da truc tiep consolidated net profit keo bong da truc tiep Q2/2025 to VND540 billion ($20.65 million).
The rise was primarily driven by higher earnings from its industrial park leasing, the company said keo bong da truc tiep its financial report.
It posted VND3.24 trillion ($123.92 million) keo bong da truc tiep net revenue keo bong da truc tiep the period, up 19% year-on-year.
Cost of goods sold edged up just 2%, enabling Viglacera to lift gross profit by 75.4% year-on-year to VND1.15 trillion ($43.99 million) keo bong da truc tiep Q2.
Financial income rose to VND54 billion ($2.07 million) keo bong da truc tiep the quarter, up 210.5% from a year earlier, while other gains soared 338% to more than VND28 billion ($1.07 million).
keo bong da truc tiep the first half of 2025, Viglacera posted nearly VND6.1 trillion ($233.31 million) keo bong da truc tiep net revenue, up 13% from the same period last year. Revenue from industrial land leasing rose 21% year-on-year to VND1.97 trillion ($75.35 million), contributing a gross profit of VND1.31 trillion ($50.1 million).
Consolidated post-tax profit for the six-month period jumped 105% to VND839 billion ($32.09 million).
As of June 30, 2025, Viglacera's total assets reached VND25.5 trillion ($975.33 million), up VND675 billion ($25.81 million) from the beginning of the year. Total liabilities declined 2% to VND14.63 trillion ($559.57 million), while shareholders’ equity stood at VND10.88 trillion ($416.14 million).
According to a , the corporation will contribute capital to establish Viglacera Hung Yen JSC keo bong da truc tiep Hung Yen province, northern Vietnam, with a charter capital of VND350 billion ($13.39 million), holding a majority stake of 51%.
The capital injection plan was initially approved keo bong da truc tiep 2023. The move marks a new step keo bong da truc tiep executing Viglacera’s strategy to expand its industrial land bank, which currently includes 16 industrial parks, or over 4,500 hectares.
keo bong da truc tiep 2024, Viglacera secured the government’s keo bong da truc tiep-principal approval for three new industrial park projects which will add roughly 839 hectares to its industrial park portfolio. They are Doc Da Trang IP keo bong da truc tiep the south-central coastal province of Khanh Hoa, the second phase of Song Cong II IP keo bong da truc tiep Thai Nguyen province, and the first phase of Tran Yen IP keo bong da truc tiep Lao Cai province, both keo bong da truc tiep northern Vietnam.
On the Ho Chi Minh Stock Exchange, Viglacera’s VGC shares closed Friday at VND52,400 ($2) apiece.
