Vinh Phuc Infrastructure Development (IDV) H1 2025 earnings summary

Executive summary

• Focused on infrastructure investment and industrial park operations, with a diversified business portfolio including real estate, waste management, and construction services.

• Maintained business continuity and compliance with Vietnamese accounting standards.

Financial highlights

• Total assets increased to VND 1,428.3 billion as of 31/3/2025 from VND 1,386.8 billion at 1/10/2024.

• Revenue for the period was VND 32.2 billion, up from VND 28.4 billion year-over-year.

• Net profit after tax reached VND 43.7 billion, compared to VND 43.1 billion in the same period last year.

• Operating cash flow was positive at VND 55.8 billion, reversing a negative VND 175.8 billion in the previous period.

• Equity decreased to VND 759.1 billion due to dividend payouts and capital changes.

Outlook and guidance

• Management confirmed ongoing operations and adherence to business continuity.

• No significant post-balance sheet events requiring adjustment or disclosure.