AsemconnectVietnam - At the conference to review the production and business situation in the first 9 months of the year, the Board of Directors of Vietnam Rubber Industry Group (code GVR - HOSE) assessed that the Group had achieved positive results in 9 months, many financial and production and business targets exceeded the set plan.

Mr. Do Huu Phuoc, Permanent Deputy General Director of GVR, said that by September 30, 2025, the Group's consolidated revenue reached VND23,617 billion, equal to 76.1% of the yearly plan and increased by 27.2% compared to the same period in 2024; pre-tax profit reached VND6,256 billion, exceeding 7.1% of the yearly plan and increasing by nearly 95% compared to the same period; Profit after tax is estimated at VND5,312 billion, exceeding the plan by 6.8% and increasing by 96.4%.
The parent company - GVR Group alone achieved revenue of VND4,966 billion, completing 87.1% of the plan, with pre-tax and after-tax profits reaching VND2,474 billion, 2.3 times higher than the same period last year.
Regarding the rubber segment, the Company's management said that despite many difficulties due to natural disasters, local labor shortages and pests, VRG still maintained latex production at 280,935 tons, up 3.9% over the same period. Latex processing and consumption reached 336,000 tons, up more than 9.3% over the previous year. The average selling price reached VND48.2 million/ton, up 17.2%, helping rubber revenue reach VND16,190 billion (up 22.7%).
For the industrial park segment, VRG achieved revenue of VND1,888 billion, profit of VND871.5 billion; occupancy rate reached 86.4%. The Group is implementing 6 new industrial parks in Ho Chi Minh City, Tay Ninh and Gia Lai, aiming for a green, circular, energy-saving industrial park model.
From there, VRG also set a target to complete and exceed the targets approved at the 2025 Annual General Meeting of Shareholders. Specifically, consolidated revenue for the whole year is expected to reach VND32,646 billion, up 13.6% compared to 2024 and exceeding 5.2% of the original plan (VND31,044 billion); pre-tax profit is estimated at VND8,379 billion, up 49.5% compared to 2024 and exceeding 43.5% of the original plan (VND5,840 billion).
In addition, the Group will continue to promote the purchase, processing and consumption of rubber. Strengthen digital transformation, innovation, develop high-tech agriculture, renewable energy, green industrial zones. Promote Low Carbon certification, complete ESG reports, and move towards a sustainable business model.
N.Nga
Source: VITIC/Tinnhanhchungkhoan