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Sai Gon Mien Trung Beer (SMB) investor relations material
Sai Gon Mien Trung Beer Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated financial statements for Q3 2025 reflect a 23.6% year-over-year increase in net profit, mainly due to higher sales volume, improved product mix, and effective cost management.
The group operates primarily in beer, beverage production, and related services, with two direct subsidiaries and one associate.
Financial highlights
Net revenue for Q3 2025: 370.25 billion VND, down slightly from 378.19 billion VND in Q3 2024.
Gross profit for Q3 2025: 130.90 billion VND, up from 111.21 billion VND year-over-year.
Net profit after tax for Q3 2025: 64.00 billion VND, up 23.6% from 51.76 billion VND in Q3 2024.
EPS for Q3 2025: 2,144 VND, compared to 1,734 VND in Q3 2024.
Nine-month net profit after tax: 144.62 billion VND, up from 135.81 billion VND year-over-year.
Outlook and guidance
Management expects continued positive performance, citing stable financial position and no concerns regarding debt repayment.
No significant seasonality impacts are expected for the main beer business.
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