DIC GROUP ANNOUNCES Q1/2025 BUSINESS RESULTS: REVENUE AND PROFIT REBOUND YEAR-ON-YEAR

DIC Group (HoSE: DIG) has released its Q1/2025 business results, showing positive recovery signals driven by restructuring efforts and operational optimization.

Standalone Results: Revenue and Profit Reverse Course

• Q1/2025 Net Revenue: VND 58.4 billion, up VND 127.1 billion (185.1%) compared to Q1/2024’s negative revenue of -VND 68.6 billion (due to product returns).
• Net Profit After Tax: VND 11.9 billion, a significant improvement from a VND 96.9 billion loss in Q1/2024 (+112.3%).

This growth stemmed primarily from a VND 130.1 billion surge (176.1%) in real estate revenue, attributed to DIC-led projects. Despite a VND 3.1 billion decline (-70.1%) in service revenue, overall performance remained robust.

Additionally, financial revenue rose by VND 32.5 billion (+320.1%), reflecting improved cash flow management. While financial costs increased by VND 13.8 billion (+219.1%), reductions in sales expenses (-VND 5.1 billion) and administrative costs (-VND 11.5 billion) offset this impact.

Consolidated Results: Revenue Surges, Net Loss Narrows

• Q1/2025 Net Revenue: VND 152.8 billion, up VND 152.3 billion (+31,180%) year-on-year.
• Net Loss After Tax: -VND 45.4 billion, a 75.8 billion improvement (-62.52%) from Q1/2024’s -VND 121.2 billion loss.

The consolidated net loss was driven by losses from affiliates and subsidiaries. While affiliates reported profits, these were excluded from consolidated results due to unrealized gains from related-party transactions. Rising interest expenses from loans for subsidiary expansions also contributed to the loss.

Revenue Growth Drivers
- Service revenue: +VND 2.4 billion (+6.4%).
- Construction revenue (subsidiaries): +VND 14 billion (+85.3%).
- Building materials sales: +VND 5.9 billion (+29.1%).

DIC Group’s Q1/2025 results mark a clear recovery from the real estate market’s downturn. Effective cost control, business restructuring, and focus on core projects have stabilized cash flow, alleviated financial pressures, and positioned the group for sustained growth in upcoming quarters.

Media and Communication Department