GMD – Brief – [NONRATED] – Rising expenses eroded profits
GMD announced total revenue of VND1,557bn (+23% YoY), in which, port operation generating VND1.4tn revenue thanks to solid throughput volume and fee increases. Gains from associates in 3Q25 soared to VND297bn (+44% YoY), in which, GML contributed VND208bn (+37% YoY). NPAT came in at VND432bn, decline 4% YoY due to hike in SG&A expenses.
Featured Analysis
Market commentary: Market divergence
NKG – Brief – [NONRATED] – 3Q25 – Domestic market supported earnings
Derivatives: A buying signal?
Market commentary: Green return
REE – Earnings review – [HOLD] – 3Q25: M&E segment drives solid profit expansion
Derivatives: Bullish Engulfing pattern
Market commentary: Market recovery
