VietJet Aviation (VJC) Q3 2025 earnings summary

Executive summary

• Consolidated revenue for Q3 2025 was VND 16.93 trillion, down 6.8% year-over-year, while nine-month revenue reached VND 52.77 trillion, up 0.7% year-over-year.

• Net profit after tax for Q3 2025 was VND 320.2 billion, a 44% decrease year-over-year; nine-month net profit after tax was VND 1.61 trillion, up 15% year-over-year.

• Basic earnings per share for the nine-month period was VND 2,869, compared to VND 2,589 in the prior year.

Financial highlights

• Gross profit margin for Q3 2025 was 12.4%, slightly lower than the previous year.

• Financial income for Q3 2025 was VND 366 billion, up 51% year-over-year, while financial expenses rose to VND 1.2 trillion.

• Total assets as of 30 September 2025 were VND 115.2 trillion, up 16% from the start of the year.

• Owners' equity increased to VND 24.4 trillion from VND 17.1 trillion at the start of the year.

Outlook and guidance

• The company expanded its fleet and invested in new aircraft, with construction in progress rising to VND 8.55 trillion.

• Continued focus on international expansion and ancillary revenue streams.