AsemconnectVietnam - LDG Investment Company (LDG - HOSE) recorded a loss of VND28.2 billion in Q3, a cumulative loss of VND115.98 billion for the first nine months of 2026, and only possesses VND0.39 billion in cash while its outstanding debt is VND734.34 billion.

In Q3/2026, LDG Investment recorded a revenue loss of VND5.71 billion compared to a profit of VND121.54 billion in the same period last year, a decrease of VND127.25 billion; after-tax profit recorded a loss of VND28.2 billion compared to a profit of VND 107.8 billion in the same period last year, a decrease of VND136 billion. The company's sales were below cost, resulting in a gross loss of VND1.67 billion.
Regarding net revenue, in the third quarter, sales revenue was VND10.91 billion, but revenue deductions amounted to VND16.62 billion.
Furthermore, during the same period, financial revenue recorded VND14.07 billion compared to only VND1.7 million in the same period last year; financial expenses increased by 85.7% compared to the same period last year, corresponding to an increase of VND14.44 billion, reaching VND31.29 billion; selling and administrative expenses decreased slightly by 1%, corresponding to a decrease of VND0.09 billion, to VND9.09 billion, and other activities showed insignificant fluctuations.
Cumulatively in the first nine months of 2026, LDG Investment recorded revenue of VND4.67 billion, a decrease of 97.7% compared to the same period last year. Net profit after tax recorded a loss of VND115.98 billion compared to a profit of VND15.6 billion in the same period, a decrease of VND131.58 billion.
With an additional loss of VND115.98 billion in the first nine months of 2026, as of September 30, 2026, the total accumulated loss of LDG Investment reached VND1,368.3 billion, equivalent to 53.25% of charter capital.
In terms of asset size, as of September 30, 2026, the total assets of LDG Investment decreased slightly by 0.3% compared to the beginning of the year, corresponding to a decrease of VND22.1 billion, to VND8,018.2 billion. Of this, the main asset recorded was VND3,000.7 billion in short-term receivables, accounting for 37.4% of total assets; Other short-term assets totaled VND1,955.98 billion, accounting for 24.39% of total assets; inventory totaled VND1,326.9 billion, accounting for 16.5% of total assets; long-term receivables totaled VND1,227.4 billion, accounting for 15.31% of total assets; and cash totaled VND0.39 billion.
LDG Investment disclosed a list of non-performing loans totaling VND1,667 billion and recoverable value of VND822.8 billion as of September 30, 2026. Notable non-performing loans include short-term receivables from Bac Phuoc Kien JSC (item 1) valued at VND107.9 billion; and from Bac Phuoc Kien JSC (item 2) valued at VND708 billion. Other long-term receivables from Giang Dien Tourism Joint Stock Company amount to VND268.4 billion…
In addition, regarding capital sources, as of the end of the third quarter, total short-term debt decreased by 5.6% compared to the beginning of the year, equivalent to a decrease of VND43.18 billion, to VND734.34 billion and equal to 61.8% of total equity.
Source: VITIC/Bao Tai chinh – Dau tu