VietJet Aviation (VJC) Q2 2025 earnings summary

Executive summary

• Revenue for Q2 2025 reached VND 17.89 trillion, up 10% year-over-year; six-month revenue totaled VND 35.84 trillion, a 5% increase year-over-year.

• Net profit after tax for Q2 2025 was VND 652.7 billion, more than double the same quarter last year; six-month net profit after tax was VND 1.29 trillion, up 55% year-over-year.

• Gross profit margin improved, with gross profit for Q2 at VND 2.42 trillion, up from VND 2.01 trillion in Q2 2024.

Financial highlights

• Cash and cash equivalents increased to VND 7.15 trillion as of 30 June 2025, up from VND 4.56 trillion at the start of the year.

• Total assets rose to VND 112.33 trillion from VND 99.32 trillion at the start of the year.

• Owners' equity increased to VND 23.88 trillion, up from VND 17.12 trillion at the start of the year.

• Basic earnings per share for the six months ended 30 June 2025 was VND 2,185, up from VND 1,534 year-over-year.

• Share capital increased by VND 500 billion through new share issuance.

Outlook and guidance

• The Board of Management confirmed the Group's ability to meet its debt obligations and maintain operations.