AsemconnectVietnam - Recently, Dat Phuong Group Joint Stock Company (DPG) announced its Q4 2025 financial report, showing an improvement in revenue and profit.

In Q4 2025, Dat Phuong recorded sales revenue and service provision of VND1,638 billion, an increase of 13.3% compared to the same period last year. For the entire year, the company achieved revenue of VND4,483 billion, an increase of 25% compared to 2024.
General expenses for the year were VND87 billion, a decrease compared to VND95 billion the previous year.
The company's after-tax profit in the fourth quarter reached VND156.8 billion, bringing the total profit for the year to VND444.6 billion, a 46% increase compared to 2024.
In terms of revenue contribution, the infrastructure construction segment was the largest contributor with revenue in the fourth quarter reaching VND1,360 billion, and cumulative revenue for the year reaching VND3,762 billion, a 22.4% increase compared to the same period.
The hydropower segment continued to play a key role in stabilizing profits. Revenue from the sale of commercial electricity in the fourth quarter reached VND184 billion, and cumulative revenue for the year reached VND592 billion, a 22.6% increase compared to 2024. The hydropower segment helps Dat Phuong maintain a stable cash flow with minimal cyclical fluctuations, while also acting as a "financial buffer" during challenging market periods.
Although the real estate segment did not record significant revenue during the year (VND73 billion cumulative), real estate inventory reached VND2,082 billion, mainly consisting of unfinished assets representing potential profits yet to be recognized due to dependence on the handover date to customers in 2026.
At the end of the period, Dat Phuong held VND796 billion in cash, creating a relatively safe liquidity foundation.
As of the end of the year, Dat Phuong's total borrowings were nearly VND3,767 billion, accounting for approximately 50% of total capital. This ratio is considered quite safe for a business operating in the construction, infrastructure, and real estate sectors.
N.Nga
Source: VITIC/Tinnhanhchungkhoan