HVA Investment Joint Stock Company (HVA Group) officially announces its Q4/2025 Financial Report – a report reflecting the completion of the fiscal year with a focus on maintaining stable operations, controlling costs, and ensuring financial discipline. In the context of a volatile market and continuously improving compliance standards, HVA continues to operate on the principles of prudence, prioritizing transparency and capital safety, laying the foundation for its implementation plans in the next phase.
Financial picture for Q4 2025
In Q4 2025, HVA recorded sales revenue and service provision of VND 27.37 billion. After deducting allowances, net revenue reached VND 27.37 billion, while the cost of goods sold was VND 24.35 billion, resulting in a gross profit of nearly VND 3.02 billion, corresponding to a gross profit margin maintained at a level appropriate to the specific operations during the period.
Financial income reached nearly VND 2.28 billion, continuing to contribute to total revenue, while financial expenses were VND 0.96 billion, reflecting a cautious approach to managing cash flow and financial obligations. During the period, no selling expenses were incurred; administrative expenses were recorded at approximately VND 2.78 billion, focused on operations, management, and compliance.
As a result, pre-tax accounting profit for Q4/2025 reached VND 1.56 billion and after- tax profit reached VND 1.25 billion. These profit indicators reflect HVA's stable operating status in the final period of the year, as the company prioritizes balancing efficiency and risk control.
Operational quality and cost discipline
Q4 2025 shows that HVA continues to maintain discipline in cost of goods sold and expense management. Gross profit margin remained positive, indicating better input control under unfavorable market conditions compared to previous quarters. Financial revenue continued to support overall results, contributing to reduced cyclical profit volatility.
The absence of selling expenses during the period reflects the stability of existing distribution channels and helps to limit short-term cost pressures. Business management expenses were recorded at a controlled level, consistent with the scale and operational requirements of HVA during the fiscal year completion period.
Financial outlook at the end of 2025
As of December 31, 2025, HVA Group's total capital reached VND 174.56 billion, of which equity capital amounted to VND 152.25 billion. The large proportion of equity capital in total capital continues to reflect a financial structure that prioritizes safety, limits leverage, and maintains financial room for medium-term plans.
This structure helps HVA maintain flexibility in financial management while ensuring adaptability to fluctuations in the business environment and increasingly stringent compliance requirements.
Orientation for the period up to 2026
Entering Q1/2026, HVA Group's focus will be on further strengthening its established operational foundation, maintaining cost discipline, and optimizing the efficient use of existing capital. The company will concentrate on standardizing processes, improving its governance system, and ensuring consistency in information disclosure, creating a foundation for further steps when market conditions are more favorable.
With a stable financial structure and prudent governance orientation, HVA Group enters 2026 with the goal of maintaining sustainability, controlling risks, and preparing for medium- and long-term growth opportunities.
