SIP – Operating profit to remain positive
• In the first 9 months of 2025, SIP recorded revenue and gross profit of VND 6.3 trillion (+11% YoY) and VND 977 billion (+20% YoY), respectively. Electricity and water distribution to industrial parks continued to be the primary revenue-generating segment for SIP, contributing revenue and gross profit of VND 5.2 trillion (+8% YoY) and VND 440 billion (+14% YoY), respectively. Revenue from land and infrastructure leasing in industrial parks posted solid performance, reaching VND 311 billion (+11% YoY).• On the sales front, management expects to achieve the land-leasing target outlined at the Annual General Meeting (47 hectares). Deferred long-term revenue as of the end of Q3/2025 increased modestly to VND 12,800 billion (up VND 1,000 billion from the beginning of 2025), driven by new lease contracts signed in late 2024.
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.”
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.