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Vingroup Joint Stock Company
Vingroup Joint Stock Company (VIC) investor relations material
Vingroup Joint Stock Company Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary30 Jan, 2026
Executive summary
Net revenue for Q4 2025 surged 163% year-over-year, primarily driven by a significant increase in sales of inventory properties.
Gross profit rose 303% compared to Q4 2024, reflecting strong top-line growth and improved segment performance.
Net profit after tax attributable to equity holders increased 209% year-over-year, despite higher finance and selling expenses.
Financial highlights
Q4 2025 net revenue: VND 163,159 billion, up from VND 62,152 billion in Q4 2024.
Gross profit: VND 37,008 billion, up from VND 9,188 billion year-over-year.
Net profit after tax: VND 3,581 billion, up from VND 1,208 billion in Q4 2024.
Basic earnings per share: VND 3,271, up from VND 3,045 year-over-year.
Total assets as of 31 Dec 2025: VND 1,121,457 billion; total equity: VND 151,455 billion.
Outlook and guidance
Management expects continued growth in real estate sales and manufacturing, supported by ongoing project development and expansion.
Detail drivers of manufacturing segment's Q4 loss
Explain the significant NCI equity and profit changes
What assets collateralize the Group's debt?
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Next Vingroup Joint Stock Company earnings date
Q1 202624 Apr, 2026
Vingroup Joint Stock Company
Next Vingroup Joint Stock Company earnings date
Q1 202624 Apr, 2026
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