Tin tức

According to the separate financial statements, revenue from sales and services in the quarter reached more than VND 4.53 billion, down 41.6% from VND 7.76 billion in the same period last year, resulting in a 42.7% decrease in gross profit, from VND 2.93 billion to approximately VND 1.68 billion. The decline was mainly due to ongoing projects that had not yet been completed, resulting in relatively low revenue recognition during the quarter.

However, the parent company’s business results were significantly supported by financial income, primarily from dividends received from subsidiaries. This figure reached more than VND 19.9 billion, an increase of VND 16.7 billion, equivalent to a 521.6% increase compared with the same period last year.

Meanwhile, general and administrative expenses during the period amounted to VND 3.95 billion, increasing by approximately VND 3.8 billion compared with the same period last year, as the corresponding period recorded reversals of provisions for doubtful debts, reversals of accrued expenses, etc. Excluding the impact of these reversals, the actual increase in expenses for the current period was approximately VND 1.6 billion.

Profit after tax reached approximately VND 17.4 billion, increasing by VND 11.48 billion, equivalent to nearly 194% compared with VND 5.92 billion in Q1/2025.

Source: ITD Parent Company’s Q1/2026 Financial Statements

Consolidated revenue increases by nearly 59%

According to the consolidated financial statements, revenue from sales and services increased by 58.8%. This increase was recorded as subsidiaries issued invoices for projects that had been completed and carried over from 2025 into the current period.

In addition to the increase in core revenue, consolidated financial income also improved, while financial expenses decreased compared with the same period last year. These factors helped offset increases in selling expenses and general and administrative expenses.

Specifically, consolidated selling expenses reached nearly VND 11.39 billion, up 4.5%. General and administrative expenses amounted to more than VND 14.71 billion, increasing by 10.5%.

At the end of Q1/2026, ITD recorded profit after tax of more than VND 6.42 billion, an increase of approximately VND 1.02 billion, equivalent to an 18.8% increase compared with the same period last year.