AsemconnectVietnam - G36 Corporation - JSC (code G36 - UPCoM) recorded a loss of VND14.72 billion in the fourth quarter, with a cumulative profit of VND27.03 billion for 2025, a slight increase of 1.3% compared to the same period and achieving 133.3% of the annual plan.

In the fourth quarter of 2025, G36 Corporation recorded revenue of VND751.46 billion, an increase of 34.2% compared to the same period; after-tax profit recorded a loss of VND14.72 billion compared to a loss of VND9.08 billion in the same period, an increase of VND5.64 billion in losses.
During the period, gross profit increased by 87.2% compared to the same period, corresponding to an increase of VND21.33 billion to VND45.78 billion; Financial revenue increased by 453.3%, equivalent to an increase of VND2.04 billion, reaching VND2.49 billion; financial expenses decreased by 28.8%, equivalent to a decrease of VND6.53 billion, to VND16.13 billion; business management expenses increased by 92.9%, equivalent to an increase of VND22.45 billion, to VND46.62 billion; other income decreased by 88.7%, equivalent to a decrease of VND13.52 billion, to VND1.72 billion, and other activities showed insignificant fluctuations.
Thus, despite the strong increase in gross profit during the period, Corporation 36 still recorded a loss of VND14.72 billion in the last quarter of 2025, mainly due to high business management expenses and a shortfall in other income.
Cumulatively in 2025, Corporation 36 recorded revenue of VND1,948.97 billion, an increase of 33.8% compared to the same period; after-tax profit reached VND27.03 billion, a slight increase of 1.3% compared to the same period last year.
In 2025, Corporation 36 planned revenue of VND1,574.96 billion and projected after-tax profit of VND20.27 billion.
Thus, ending 2025 with after-tax profit of VND27.03 billion, Corporation 36 completed 133.3% of its 2025 plan.
In addition, regarding cash flow, in 2025, Corporation 36 recorded a negative cash flow from core business operations of VND58.98 billion compared to a positive cash flow of VND243.18 billion in the same period. Furthermore, during the same period, the investment cash flow was negative VND255.6 billion and the financing cash flow was positive VND228.8 billion, mainly due to increased borrowing to offset the deficit in investment and operating cash flow.
Regarding asset size, as of December 31, 2025, the total assets of Corporation 36 decreased by 5.5% compared to the beginning of the year, equivalent to a decrease of VND240.6 billion, to VND4,160.6 billion. Of this, the main assets recorded were VND1,252.8 billion in fixed assets, accounting for 30.1% of total assets; VND907.3 billion in inventory, accounting for 21.8% of total assets; VND813.8 billion in short-term receivables, accounting for 19.6% of total assets; VND366.7 billion in cash and short-term financial investments, accounting for 8.8% of total assets; and other items.
Furthermore, regarding capital sources, as of the end of 2025, the total short-term and long-term debt of Corporation 36 increased by 32.1% compared to the beginning of the year, equivalent to an increase of VND242.9 billion, reaching VND999.9 billion and equaling 89.3% of total equity (at the beginning of the year, outstanding debt was VND757 billion and equal to 68% of total equity). Of this, short-term debt was VND672.8 billion and long-term debt was VND327.1 billion.
N.Nga
Source: VITIC/Tinnhanhchungkhoan